ET Wealth ties up with Value Research to analyze TOP mutual funds, We examine the fund’s key fundamentals, its portfolio and performance to help inform you Investment decision.

basic facts

launch date

28 December 2015

grade

equity

type

ELSS

AUM*

Rs.12,615 crore

bottom sign

nifty 500 total

return index

What is the rate
NAV**

development options

Rs.31.04

IDCW

Rs.21.1

minimum investment

500 rupees

Minimum SIP Amount

500 rupees
expense ratio*** (%)

1.72

exit load

0%

*Up to 31st July 2022
** By 6 September 2022
*** Till 31st July 2022

fund manager

NEELESH SURANA

Tenure: 6 years, 9 months

Recent portfolio changes
new entrants:

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Delhivery. NUVOCO Views Corp., PB Fintech,

full exit: Ashok Leyland, Cholamandalam Investments & Finance, Dr Reddy’s Labs, FSN E-Commerce Ventures, Power Finance Corp, turns, Ambuja Cements,

Increase allocation: Aurobindo Pharma, axis Bank, Bharti AirtelLove me, Gland Pharma, Greenply Indus, Havells India, Indian Energy Exchange, Krishna institute of medical sciences, National Aluminum Company,

should you buy

The fund retains the broad principles of its older sibling- Amazing Asset Large Cap and Mirae Asset Emerging Bluechip – with an emphasis on quality of earnings, without overpaying. Although it lies at the intersection of the two propositions in terms of market cap positioning, the fund borrows more ideas from Emerging Bluechips managed by the same fund manager. However, it gives more weightage to large caps as compared to mid cap ideas of the same fund. The fund’s portfolio has expanded but its top bet remains a large position. It has reiterated the fund house’s impressive track record of outperformance within a short span of time, but has seen a decline over the last year. Investors can take advantage of the proven capabilities of its fund manager to steer the fund in the right direction.