basic facts
launch date
4 March 2008
grade
equity
type
little hat
AUM*
Rs.12,934 crore
bottom sign
S&P BSE 250 SMALLCAP
total return index
What is the rate
NAV**
development options
Rs.73.05
IDCW
Rs.31.36
minimum investment
5,000
Minimum SIP Amount
300
expense ratio*** (%)
1.91
exit load
1% for redemption
within 365 days.
*Up to 31st July 2022
*** Till 30 June 2022
** by 16 August 2022
fund manager
Chirag Setalvad
Tenure: 8 years
Recent portfolio changes
new entrants: He
full exit: He
Increase allocation: Bank Of Baroda,
Gateway Distriparks, , .
should you buy
A mid- and small-cap fund in its previous incarnation, the fund initially maintained a large mid-cap presence after rebranding as a small-cap fund. It has recently increased its core presence in small-caps, leaning more aggressively than many peers. The fund portfolio is well diversified, yet maintains a healthy position among the top few bets with a bias towards quality. The fund’s performance has been highly uncertain, with the potential for sharp outperformance and alternate bouts of underperformance. Its risk-return profile is placed unfavorably relative to many competitors. with Return Not commensurate with the risks taken, investors can opt for more proven offerings in the sector.
(Source: Price Research)