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This Multi-Cap Thematic Fund Has Given 55.17% SIP Returns In 3 Years, Check Out Portfolio

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A top-down method is typically used to allocate a portfolio. After deciding on a broad allocation to equities, debt, and any other asset classes, allocations to sub-categories such as large-cap, and small-cap are made.

 

Out of various categories, Multi-cap funds are also the one mutual fund category. Multi-Cap Mutual Funds are diversified equity funds that invest in equities of diverse market capitalization businesses. Investment in mutual funds via SIP or one-time is a smart decision to invest.

In this article, we have given one such multi-cap thematic fund that has performed well since its inception. Read to know more!

Edelweiss Recently Listed IPO Fund - Direct Plan-Growth

Edelweiss Recently Listed IPO Fund - Direct Plan-Growth

As mentioned, it is a multi-cap Thematic mutual fund scheme launched on 22nd February 2022 by the Edelweiss Mutual Fund. This fund's Assets Undermanagement is worth Rs 978.71 Crore and the recently declared NAV dated 29th March 2022 is Rs 18.5173. The expense ratio of the fund is 0.6%, close to its category average. Currently managed by its fund managers Mr Bharat Lahoti and Mr Bhavesh Jain. The minimum investment amount required for this fund scheme is Rs 5000, and for SIP it is Rs 500 minimum requirement. This fund has no lock-in period. It is an open-ended fund. However, the exit load of this fund is 2% for redemption within 180 days.

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Investment PeriodAbsolute ReturnsAnnualised Returns
1 Year24.27%24.05%
2 Year116.69%47.05%
3 Year109.33%27.89%
Since Inception85.17%16.22%

SIP Investment Returns

SIP PeriodAbsolute ReturnsAnnualised Returns
1 Year1.28%2.39%
2 Year35.33%32.17%
3 Year55.17%30.75%
Portfolio

Portfolio

The fund has 84.36% investment in Indian stocks of which 8.19% is in large-cap stocks, 3.71% is in mid-cap stocks, 6.67% in small-cap stocks. The fund has a 2.04% investment in Debt of which 2.04% is in Government securities.

The fund has the majority of its money invested in the Services, Financial, Technology, Healthcare, Capital Goods sectors. It has taken less exposure in Services, Financial sectors compared to other funds in the category. The fund's top holdings are Gland Pharma Ltd., Sona BLW Precision Forgings Ltd., AU Housing Finance Ltd., MTAR Technologies Ltd., Computer Age Management Services Ltd.

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Wednesday, March 30, 2022, 20:33 [IST]
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