ET Wealth collaborates with Worth Analysis to analyse prime mutual funds. We study the important thing fundamentals of the fund, its portfolio and efficiency that will help you make an knowledgeable funding determination.

BASIC FACTS
DATE OF LAUNCH

15 FEBRUARY 2019
CATEGORY
EQUITY
TYPE
SMALL CAP
AUM*
Rs.5,482 Crore
BENCHMARK
NIFTY SMALLCAP 250
TOTAL RETURN INDEX

WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.25.58
IDCW
Rs.23.76
MINIMUM INVESTMENT
Rs.5,000
MINIMUM SIP AMOUNT
Rs.1,000
EXPENSE RATIO*** (%)
1.79
EXIT LOAD
1% for redemption inside one year

*AS ON 30 APRIL 2023
**AS ON 30 MAY 2023
***AS ON 30 APRIL 2023

FUND MANAGERS
AJAY KHANDELWAL / SHRIDATTA BHANDWALDAR
1 YEAR, 4 MONTHS /
3 YEARS, 6 MONTHS

Current portfolio modifications
New Entrants
ITC, Kaynes Expertise India, Reliance Industries (Mar), Ajanta Pharma, World Well being, Rossari Biotech (Apr).
Rising allocation
Bajaj Finance, Balrampur Chini Mills, Can Fin Houses, EID-Parry (India), JK Lakshmi Cement, Kaynes Expertise India, Kei Industries (Apr)

Must you purchase?
On this small cap fund, the fund managers place excessive emphasis on draw back safety and limiting drawdowns. They run a extremely diversified portfolio with modest positions even in prime bets, given the dangers inherent on this phase. They like prime quality companies backed by sturdy enterprise fashions, competent administration and good governance. The fund has been operating for just a few years, however has established a robust observe file on this quick time span. It delivered outsized returns in the course of the beneficial years of 2020 and 2021 and contained draw back a lot better than friends final yr. Nonetheless, it has seen a dip in efficiency since, lagging index and friends sharply. It should recuperate rapidly to construct on its sturdy begin.

(Supply: Worth Analysis)

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