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

10 NOVEMBER 2004

CATEGORY

EQUITY

TYPE

FLEXI CAP

AUM*

Rs.26,218 Crore

BENCHMARK

S&P BSE 500 TOTAL

RETURN INDEX

WHAT IT COSTS

NAV**

GROWTH OPTION

Rs.229.83

IDCW

Rs.42.04

MINIMUM INVESTMENT

Rs.5,000

MINIMUM SIP AMOUNT

Rs.500

EXPENSE RATIO*** (%)

1.63

EXIT LOAD

1% for redemption

within 365 days.

*AS ON 31 JULY 2022
**AS ON 8 AUGUST 2022
***AS ON 30 JUNE 2022

FUND MANAGER

R. SRINIVASAN

TENURE: 13 YEARS, 2 MONTHS


Recent portfolio changes

New Entrants: Delhivery

Complete Exits: Tube Investments of India, .

Increasing allocation: Divi’s Laboratories, , , , , , , , .

Should you buy?

After repositioning, this fund retains its concentrated approach from its earlier avatar as

Emerging Businesses but takes a higher large-cap tilt now compared to its erstwhile mid- and small-cap flavour. It still retains sizeable presence in mid-caps compared to peers. The degree of portfolio concentration is also higher among peerset with a compact portfolio of around 21 stocks. It further sets itself apart with selective bets in foreign stocks. It leaves behind a healthy track record under previous mandate but with occasional bouts of sharp underperformance. Its performance since shifting mandate shows investors can expect continuity in the hands of its veteran fund manager.

(Source: Value Research)