A large cap MF that needs to perform better

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.HOW THE FUND HAS PERFORMED 82115079WHERE THE FUND INVESTS 82115096BASIC FACTSDate of launch: 3 October 2003Category: EquityType: Large CapAUM (As on 31 Mar 2021): Rs 2,639.92 crBenchmark: S&P BSE 100 Total Return IndexWHAT IT COSTSNAV(As on 13 Apr 2021)Growth option: Rs 250.773Dividend: Rs 19.881Minimum Investment: Rs 500Minimum SIP amount: Rs 500Expense ratio(As on 28 Feb 2021) (%): 2.09Exit load: 1% for redemption within 364 daysFUND MANAGERSVinit SambreTenure: 9 monthsTop 5 sectors in portfolio (%) 82115155Top 5 stocks in portfolio (%) 82115161Recent portfolio changesNew Entrants: ACC, Balkrishna Inds, Container Corp. Gujarat Gas, Ipca Laboratories, ITC.Complete Exits: BPCL, Reliance Inds. ICICI Prudential Life Insurance. Avenue Supermarts, Colgate-Palmolive.Additions: SBI Life Insurance, Bajaj Finance, Godrej Consumer Products. HDFC Bank, Siemens. ICICI Bank, HDFC Bank, SBI Cards, Bharti Airtel, Bajaj Finance, Coromandel International, Eicher Motors.How risky is it? 82115171Should you buy?This large-cap fund has seen multiple changes at the helm in recent years. While its large-cap focus has remained constant throughout, the frequent personnel changes have led to a degree of inconsistency in performance. The portfolio size has been cut down over the years and now takes a concentrated approach. Once among the top performers in its category, the fund has lost its way for many years. It now finds itself in the hands of a veteran fund manager known for his acumen in the mid-and small-cap space. His execution capabilities in the large-cap arena are yet to be proven. Investors may stick with proven, alternative offerings till the fund exhibits a turnaround.Source: Value Research

from Economic Times https://ift.tt/3amegyc