Mutual Fund
Description:
Investment Objective: The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of mid-cap companies.
Fund Managers:
Ms. Kirti Dalvi
Mr. Krishna Sanghavi
Mr. Manish Lodha
Benchmark: Nifty Midcap 150 Total Return Index (TRI)
Fund Size: ₹3,067 crore (as of February 28, 2025)
Performance:
| Time Period | |||
|---|---|---|---|
Regular Plan CAGR (%) Direct Plan CAGR (%) Benchmark (Nifty Midcap 150 TRI) (%)
1 Year 12.98 14.64 11.57
3 Years 20.58 22.49 21.09
5 Years 24.50 26.50 25.37
Since Inception 17.42 19.40 16.52
Performance data as of January 31, 2025.
5. Expense Ratio:
Regular Plan: 1.90%
Direct Plan: 0.49%
6. Lock-in Period:
None
7. Minimum Investment:
Lump Sum: ₹1,000
Systematic Investment Plan (SIP): ₹500
8. Exit Load:
1% if redeemed within 90 days of investment
9. Portfolio Allocation:
Equity Exposure: Approximately 93.58%
Cash & Cash Equivalents: Approximately 6.42%
Top Sector Allocations:
Financial Services: 21.80%
Industrials: 15.00%
Consumer Cyclical: 14.62%
Technology: 10.12%
Healthcare: 9.16%
Top Holdings:
Persistent Systems Ltd: 3.36%
State Bank of India: 3.10%
Max Healthcare Institute Ltd: 2.83%
LTIMindtree Ltd: 2.67%
Indian Bank: 2.32%
10. XIRR (Extended Internal Rate of Return):
Typically aligned with CAGR for long-term holdings, expected around 19-22% based on 3-year performance.