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

9 SEPTEMBER 2009

CATEGORY

EQUITY

TYPE

SMALL CAP

AUM*

Rs.14,044 crore

BENCHMARK

S&P BSE 250 SMALLCAP

TOTAL RETURN INDEX

WHAT IT COSTS

NAV**

GROWTH OPTION

Rs.115.13

IDCW

Rs.68.02

MINIMUM INVESTMENT

Rs.5,000

MINIMUM SIP AMOUNT

Rs.500

EXPENSE RATIO*** (%)

1.70

EXIT LOAD

1% for redemption within 365 days


*AS ON 31 AUGUST 2022
**AS ON 4 OCTOBER 2022
***AS ON 31 AUGUST 2022

Fund Manager

R.Srinivasan

Tenure: 8Years.10 Months

Recent portfolio changes

New Entrants: PVR, Westlife Development.

Complete Exits: JK Cement Ltd, MTAR Technologies, Delhivery, Kirloskar Oil Engines.

Increasing allocation: Blue Star, Finolex Industries.

Should you buy?

Earlier known as SBI Small and Mid Cap, this fund has moderated its mid cap presence in favour of its new mandate targeting small caps. Within this space, the fund manager places emphasis on high quality franchises to lower chances of mistakes. Given the larger size of the fund, the fund manager has kept the portfolio diversified in both individual and sector bets. It occasionally gates inflows owing to liquidity and capacity constraints in this segment. It has currently capped the monthly SIP intake at Rs.25,000. The fund boasts an impressive track record of outperformance over the years. After a brief dip in return profile last year, the fund has swung back into top form. With a healthy risk-return profile among its peer set, it remains a worthy pick.

(Source: Value Research)