This tax saving fund has recently completed five years of operations. It adopts the same investing ethos of its larger siblings—Mirae Asset Large Cap and Mirae Asset Emerging Bluechip—with emphasis on quality of earnings, without overpaying for it.
This mutual fund scheme has transformed from its earlier avatar of ICICI Pru Top 100, a large-cap oriented fund. The shift has resulted in a bigger presence in mid-caps. While presence of a skilled, veteran fund manager provides comfort, the fund needs to prove capabilities under new mandate.
Mutual funds across categories have struggled to beat indices over the past year. This marks significant deterioration in return profile when compared to performance in year ending 2019. The biggest downward shift in outperformance was seen in mid and small-cap funds over one year.
If you are an aggressive retail investor, looking for good mid cap mutual fund schemes to invest for their long term financial goals, here's list of consistent performers from the mid cap mutual fund category.
The fund also invests selectively in foreign equities. Its longer term track record suggests healthy outperformance albeit having gone through occasional bouts of underperformance. The presence of a skilled fund manager at the helm provides comfort for the long haul.
This mutual fund got rechristened in 2018 from its previous avatar as Reliance Top 200. However, this has not changed its positioning or style. The track record of the scheme under its fund manager shows healthy outperformance and strong execution capabilities over market cycles.
This large and mid-cap fund was run as a mid-cap offering before its repositioning two years ago. The change in mandate has resulted in higher large-cap presence. The emphasis is on downside protection. Few more years of consistent showing will make this a worthy pick in its segment.
In the past two years various fund houses have introduced index funds and ETFs that bet on various indices and asset classes. ET takes a look at four equity index funds recommended by financial advisors.
The fund has built a healthy track record in the hands of its long serving fund manager. Its performance has dipped in recent years, which in turn has dragged down its overall return profile. The fund may be looked at once performance improves.
These funds enable investors to do away with timing the markets as this strategy has built-in profit booking at higher equity valuations. We take a look at five dynamic asset allocation funds, based on recommendations by financial advisors:
The fund’s return profile has slipped sharply, diluting its longer term track record. With the fund not able to deliver adequate returns even over longer cycles for the risk taken, investors can look elsewhere.