Getty ImagesET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.
HOW THE FUND HAS PERFORMED
WHERE THE FUND INVESTS
BASIC FACTS
WHAT IT COSTS
Tenure: 5 Years, 2 Months
Top 5 sectors in portfolio(%)
Top 5 stocks in portfolio(%)
Recent portfolio changes
Source: Value research
Should you buy?
This small-cap fund retains sizeable presence in midcaps, like many of its peers. The fund manager picks quality, scalable businesses run by good managements with a track record of good execution and governance. Given the inherent volatility in the small-cap space, he prefers to run a low-beta portfolio. He is also not shy to take cash calls when market conditions require it. This approach helped it outperform sharply in 2018 and 2019, but the fund has since lagged. Yet its superior downside performance relative to peers gives it an edge over entire market cycles.
HOW THE FUND HAS PERFORMED
WHERE THE FUND INVESTS
BASIC FACTS
WHAT IT COSTS
- NAV (As on 5 January 2022)
- Growth option: Rs 62.66
- IDCW: Rs 38.81
- Minimum Investment: Rs 5,000
- Minimum SIP Amount: Rs 500
- Expense Ratio(As on 30 November 2021) (%): 1.91
- Exit load: For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days
Tenure: 5 Years, 2 Months
Top 5 sectors in portfolio(%)
Top 5 stocks in portfolio(%)
Recent portfolio changes
- New Entrants: Deepak Fertilisers & Petrochemicals Corporation, Data Patterns (India), Go Fashion (India), S.J.S Enterprises.
- Increasing allocation: Aditya Birla Sun Life AMC, Balrampur Chini Mills, Birlasoft, MTAR Technologies, SRF, Blue Star, Fine Organic Inds, Galaxy Surfactants, Jamna Auto, Krishna Institute Of Medical Sciences, RHI Magnesita, Sansera Engineering, Sudarshan Chemical, Vijaya Diagnostic Centre.
Source: Value research
Should you buy?
This small-cap fund retains sizeable presence in midcaps, like many of its peers. The fund manager picks quality, scalable businesses run by good managements with a track record of good execution and governance. Given the inherent volatility in the small-cap space, he prefers to run a low-beta portfolio. He is also not shy to take cash calls when market conditions require it. This approach helped it outperform sharply in 2018 and 2019, but the fund has since lagged. Yet its superior downside performance relative to peers gives it an edge over entire market cycles.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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