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.
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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
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)
(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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