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.
BASIC FACTS
DATE OF LAUNCH
15 FEBRUARY 2019
CATEGORY
EQUITY
TYPE
SMALL CAP
AUM*
Rs.2,514 crore
BENCHMARK
NIFTY SMALLCAP 250
TOTAL RETURN INDEX
WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.22.11
IDCW
Rs.20.74
MINIMUM INVESTMENT
Rs.5,000
MINIMUM SIP AMOUNT
Rs.1,000
EXPENSE RATIO*** (%)
2.16
EXIT LOAD
1% for redemption
within 365 days
*AS ON 30 APRIL 2022
**AS ON 24 MAY 2022
***AS ON 30 APRIL 2022
FUND MANAGER
SHRIDATTA BHANDWALDAR
TENURE: 2 YEARS, 6 MONTHS
Recent portfolio changes
- New Entrants:PVR, , , , , .
- Increasing allocation:, , , , CAMS, EID-Parry (India), ICRA, , , NOCIL, , , , , VIP Inds, V-Mart Retail.
Should you buy?
This small-cap fund has been around for only a few years, but has quickly established a strong track record in this short time. The fund manager places high emphasis on downside protection and limiting drawdowns. He runs a highly diversified portfolio with modest positions even in its top bets, given the risks inherent in the small-cap segment.
He targets high quality businesses marked by strong business models, competent management and good governance. The fund delivered outsized returns during the favourable years of 2020 and 2021 and has contained downside much better than peers this year. While this marks a formidable start for the fund, it has to deliver sustainably for a few more years to be considered a worthy bet in its category.
(Source: Value Research)
