basic facts
release date
June 14, 2007
Category
fairness
type
small cap
Assets under management*
9.231 billion rupees
standard
S&P BSE 250 Small Cap
total return index
cost
Navigation**
grow options
Rs.111.78
IDCW
Rs.42.98
minimal investment
Rs.500
Minimum SIP amount
Rs.100
Expense ratio*** (%)
1.86
exit road
1% for redemption
Within 364 days
*As of November 30, 2022
**As of December 27, 2022
***As of November 30, 2022
fund manager
Vini Samburu
Tenure: 12 years 5 months
Recent portfolio changes
New participants: Harsha Engineers International (September), Archean Chemical Industries (November).
complete termination: Equitas Small Finance Bank (September), Muhoot Capital Services (October), Prism Johnson (November).
Increase quota: Aarti Drugs, Cyient, Dodla Dairy, Finolex Inds, Harsha Engineers, Heritage Foods, Just Dial, Prince Pipes, Rolex Rings, TCPL Packaging (November).
should i buy?
Formerly operating under the moniker “Micro Cap”, the fund was repositioned as a small-cap offering several years ago. Small-cap trends aside, we maintain a modest presence in mid-cap, smaller than many of our peers. Fund managers prefer quality, growth-oriented businesses with healthy cash flow, scalability, and strong management. The portfolio is well diversified and the top bet positions are modest. The fund’s performance has been mediocre in recent years, managing to outperform the index but lagging behind many of its peers. The fund will have to find a foothold soon to avoid catching up with others in its category.
(Source: Value Research)
