Skip to main content

A mid cap MF with an inconsistent track record | Economic Times

ET 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 83866793WHERE THE FUND INVESTS 83866802BASIC FACTSDate of Launch: 10 March 2002Category: EquityType: Mid CapAUM (As on 31 May 2021): Rs 2,707croreBenchmark: NIFTY Midcap 100 Total Return IndexWhat it costsNAV (As on 22 June 2021)Growth option: Rs 394.35IDCW: Rs 38Minimum Investment: Rs 1,000Minimum SIP amount: Rs 1,000Expense ratio(As on 31 May 2021) (%): 2.15Exit load: 1% for redemption within 365 daysTop 5 sectors in portfolio (%) 83866820Top 5 stocks in portfolio (%) 83866827Recent portfolio changesNew Entrants: AIA Engineering, Inox Wind, Inox Wind EnergyComplete Exits: Inox Wind.Increasing allocation: Dr. Reddy’s Laboratories, Phoenix Mills, AU Small Finance Bank.How risky is it? 83866843Source: Value ResearchShould you buy?This fund retains a sizeable presence in large-cap stocks beyond its mid-cap focus. It prefers low debt stocks that have scalable businesses with an ability to generate positive cash flows and high ROI consistently, but do not need large capital for growth. It mitigates risk by limiting exposure to any bet to 5%. However, the fund has been consistently lagging behind its index and peers for the past four to five years. Its longer term track record is also patchy. The new fund manager at the wheel, while a skilled veteran, needs time to prove execution capabilities in the mid-cap space.

Comments

Popular posts from this blog

Job Openings Near Me: Find Your Perfect Job Today!

A professional and modern illustration of job seekers searching for jobs on their laptops and smartphones. The scene includes a large job search portal on a screen displaying job listings, with people interacting with it. The background features a city skyline, symbolizing local job opportunities. The color scheme is bright and inviting, with a mix of blue and green tones to represent trust and growth. Looking for job openings near me ? You’re in the right place! Whether you’re searching for a full-time career, part-time work, or remote opportunities, this guide will help you find the best job openings in your area quickly and easily. Why Search for Local Job Openings? Finding a job near you offers several benefits, including: Shorter commute times Better work-life balance More networking opportunities in your local community Faster hiring process with local employers How to Find the Best Job Openings Near You Here are some proven strategies to land a job in your area: 1. Use Job Sear...

Top 10 Job Search Portals to Land Your Dream Job in 2025

Finding the right job in today’s competitive market requires more than just sending resumes. The digital age has revolutionized the way job seekers connect with employers. Whether you're a fresh graduate, a seasoned professional, or someone looking to switch careers, using the right job search portal can make all the difference. To save you time and effort, we've curated a list of the top 10 job search portals in 2025 — platforms that are fast, reliable, and feature-rich. These websites offer advanced filters, AI-powered matching, real-time alerts, and company insights to help you land your dream role faster. Let’s dive in. 1. LinkedIn Jobs Website: www.linkedin.com/jobs Why it stands out: LinkedIn remains the powerhouse for professionals in 2025. Beyond just job postings, it offers powerful networking tools, skill endorsements, company updates, and learning resources. You can follow companies, join niche groups, and even get noticed by recruiters who scout directly on th...