How has the fund performed?
where the fund invests
basic facts
- Launch date: December 5, 2014
- Category: share
- type: little hat
- AUM (as on October 31, 2021): Rs 7,554 crore
- Benchmark: S&P BSE Small Cap Total Return Index
What is the rate
NAV (as on November 23, 2021)
- Growth Option: Rs 44.27
- IDCW: Rs 30.60
- Minimum investment: Rs 5,000
- Minimum SIP amount: Rs 500
- Expense Ratio (as on 31st October, 2021) (%): 1.88
- Exit load: For units exceeding 10% of the investment, 1% will be charged for redemption within 365 days
fund manager: Venugopal Manghat / Vihang Naikoo
Tenure: 1 year, 10 months
Top 5 Sectors in Portfolio (%)
Top 5 Stocks in Portfolio (%)
Recent portfolio changes
- new entrants: Apollo Pipes, KPIT Technologies, Asahi India Glass
- Full Exit: AIA Engineering, IFGL Refractories, Laurus Labs, Procter & Gamble Health, Easy Trip Planners, Sharda Cropchem.
- Increase allocation: Can Fin Homes, KPR Mills, Mahindra Lifespace Developers, Century Plyboards (India), Carborundum Universal, APL Apollo Tubes, KPIT Technologies, CCL Products (India), APL Apollo Tubes, KE Industries.
How risky is it?
Source: Value Research
should you buy
Like many other large funds in its category, this small-cap offering has a heavy allocation to mid-caps. The portfolio is currently split evenly between the two segments. The fund targets smaller players in emerging industries, catering to niche sectors in a larger industry or looking to capture the market share of unorganized players. The portfolio is heavily diversified with modest positions among the top bets. Apart from a blip in 2019 and 2020, the fund has shown healthy performance metrics for a large part of its short history. After the reshuffle of fund managers, the fund’s performance has picked up again, but it needs to achieve consistency to emerge a good pick. Section.