How has the fund performed?
where the fund invests
basic facts
- Launch date: 14 June 2007
- Category: Equity
- Type: Large & Midcap
- AUM (as on 31 October 2021): Rs 1,061 crore
- Benchmark: nifty Large Midcap 250 total return index
What is the rate
NAV (as on 30 November 2021)
- Growth Option: Rs 51.19
- IDCW: Rs. 20.52
- Minimum investment: Rs 5,000
- Minimum SIP amount: Rs 500
- Expenditure Ratio (as on 31 October 2021) (%): 2.23
fund manager
Harshad Patwardhan
Tenure: 14 years, 6 months
Top 5 Sectors in Portfolio (%)
top 5 shares Portfolio (%)
Recent portfolio changes
- new entrants: ITC
- Full Exit: Ashoka Buildcon, BPCL, Cholamandalam Investment & Finance, Credit Access Grameen.
- Increase allocation: Infosys, HDFC Bank, SBI Life, ITC, Naveen Fluorine, Balkrishna Industries, Torrent Power, Atul, Minda Indus, SRF, Phoenix Mills, Sun Pharma, IndusInd Bank, Trent, Reliance Industries, Crompton Greaves Consumer.
How risky is it?
Source: Value Research
should you buy
In its earlier incarnation as Edelweiss Equity Opportunities, the fund was run as a big hat oriented fund. It was placed in the large-and-mid-cap category a few years back. It continues the large-cap trend with mid-cap exposure close to the expected low.
Given the higher mid-cap allocation, the portfolio size has expanded slightly. The fund manager prioritizes quality businesses and avoids companies with low income visibility or weak management. Offering better downside protection than many of its peers, the fund has performed consistently in recent years. The presence of a proven fund manager provides long term comfort.