FINOLOGY
MUTUAL
2023
FUNDS
Nov’22
HDFC Index S&P BSE Sensex Fund
Large Cap | Direct Growth Plan
About the Fund
An open-ended scheme replicating/tracking S&P BSE SENSEX Index. The Scheme is
managed passively with investments in stocks in a proportion that is as close as
possible to the weightages of these stocks in the S&P BSE SENSEX Index. The investment strategy revolves around reducing the tracking error to the least possible
through regular rebalancing of the portfolio, taking into account the change in
weights of stocks in the Index as well as the incremental collections/redemptions.
Rolling Returns
HDFC Index S&P BSE
Sensex Fund
Category Average
1 year
3 years
5 years
2.62%
15.24%
13.59%
0.41%
15.16%
11.09%
Details of the Fund
AUM (as of Nov 2022)
4100 Cr
Launch Date
1st Jan 2013
Returns since launch
13.39%
Trailing Returns (1 Yr)
1.48%
Expense Ratio
0.20%
Risk
Moderately High
Minimum Investment
Rs 100
Why we like this fund?
The fund has a low expense ratio and provides exposure to the broader market.
Nov’22
Parag Parikh Tax Saver Fund
ELSS | Direct Growth Plan
About the Fund
The Scheme was launched in July 2019. Indian investors who invest in this Scheme
are eligible for Income Tax deduction u/s 80C up to a sum of Rs. 1.50 lakhs. Considering their well-built portfolio, one can invest for atleast 3 years and get additional
benefits of income tax savings apart from good returns.
Rolling Returns
Parag Parikh tax
Saver fund
Category Average
1 year
3 years
5 years
9.17%
23.44%
-
1.55%
17.86%
-
Details of the Fund
AUM (as of Nov 2022)
848 Cr
Launch Date
24th July 2019
Returns since launch
25.68%
Trailing Returns (1Yr)
8.73%
Expense Ratio
0.84%
Risk
Moderate
Minimum Investment
Rs 500
Why we like this fund?
Unlike other fund houses, Parag Parikh has almost the same set of domestic
stocks in its tax saver fund and Flexi cap fund (except international stocks). This
is an indication of the fact that the fund manager is pretty confident about his
bets and provides you not only tax saving benefits but also growth in ELSS. However, if you already have its Flexi cap fund, consider the overlap before investing
in this ELSS.
Nov’22
Mirae Asset Tax Saver Fund
ELSS | Direct Growth Plan
About the Fund
Mirae Asset tax saver fund was launched on 28th Dec 2015.The investment strategy is open to invest across market capitalisation.
Rolling Returns
Mirae Asset tax
Saver fund
Category Average
1 year
3 years
5 years
-2.33%
18.91%
14.2%
1.55%
17.86%
9.5%
Details of the Fund
AUM (as of Nov 2022)
13546 Cr
Launch Date
28th Dec 2015
Returns since launch
19.85%
Trailing Returns (1 Yr)
-2.98%
Expense Ratio
0.50%
Risk
Moderate
Minimum Investment
Rs 500
Why we like this fund?
The expense ratio of this fund is very low. Being an ELSS fund, it serves the dual
purpose of tax saving and long-term wealth creation.
Nov’22
Axis Long-Term Equity Fund
ELSS | Direct Growth Plan
About the Fund
Axis long-term fund seems to be a growth-oriented follower. It focuses essentially
on quality stocks that can be held in the portfolio for a longer horizon (at least 8-10
years). Mr Jinesh Gopani is the fund manager. He has managed nine funds until
now in his 17 Years of experience in the Mutual fund industry.
Rolling Returns
Axis Long Term
Equity fund
Category Average
1 year
3 years
5 years
-11.34%
10.93%
11.01%
1.55%
17.86%
9.5%
Details of the Fund
AUM (as of Nov 2022)
31268.51 Cr
Launch Date
1st Jan 2013
Returns since launch
17.62%
Trailing Returns (1Yr)
-13.41%
Expense Ratio
0.77%
Risk
Moderate
Minimum Investment
Rs 500
Why we like this fund?
The fund invests in companies with minimum debt, a good return on capital,
some degree of the economic moat and good prospects. The fund manager
looks for a sustainable business and a sound balance sheet, and thus he makes
sure that the fund delivers stable performance with minimum volatility.
Nov’22
Kotak Equity Opportunities Fund
Large And Midcap | Direct Growth Plan
About the Fund
The fund is well-diversified compared to its peers in the same category. It focuses
essentially on quality stocks that can be held in the portfolio for a longer horizon
(at least 8-10 years). The fund manager looks for a sustainable business and a
sound balance sheet and thereby ensures stable performance with minimum
volatility.
Rolling Returns
Kotak Equity
Opportunities fund
Category Average
1 year
3 years
5 years
6.18%
19.29%
12.7%
0.12%
16.62%
8.87%
Details of the Fund
AUM (as of Nov 2022)
11370 Cr
Launch Date
1st Jan 2013
Returns since launch
16.75%
Trailing returns (1 yr)
5.20%
Expense Ratio
0.59%
Risk
Moderate
Minimum Investment
Rs 5000
Why we like this fund?
Investments in mid-cap companies possess moderate to high risk, but the
Kotak Equity Opportunities fund has shown lesser volatility than its peers in the
same category. Hence it’s a good investment avenue for investors who wish to
invest in a lesser volatile scheme.
Nov’22
Axis Small Cap fund
Small Cap | Direct Growth Plan
About the Fund
The scheme follows a bottom-up approach in identifying long-term businesses
that have a sustainable competitive advantage and multi-year growth potential.
Mr Anupam Tiwari has been managing Axis small-cap fund since 2016.
Rolling Returns
1 year
3 years
5 years
Axis Small Cap fund
6.41%
26.5%
18.53%
Category Average
2.75%
28.8%
11.37%
Details of the Fund
AUM (as of Nov 2022)
10992 Cr
Launch Date
29th Nov 2013
Returns since launch
24.63%
Trailing returns (1yr)
5.20%
Expense Ratio
0.52%
Risk
Very High
Minimum Investment
Rs 500
Why we like this fund?
The fund manager looks for stability, scalability and quality. He prefers companies with strong promoter pedigree and sound balance sheets during stock
selection. The fund has been successful at reducing downsides due to its quality-oriented approach.
Nov’22
SBI Small Cap Fund
Small Cap | Direct Growth Plan
About the Fund
SBI Small Cap Fund follows a growth-oriented strategy. It has been managed
by R Srinivasan since 2013. The scheme has outperformed its benchmark most
of the time since its inception. It has a high allocation to consumer discretionary
stocks and capital goods. These calls are contrary to the average allocation of
the small-cap category. It has also cut its allocation to technology sector
stocks vis-a-vis the category average.
Rolling Returns
1 year
3 years
5 years
SBI Small Cap Fund
10.03%
29.18%
16.18%
Category Average
2.75%
28.8%
11.37%
Details of the Fund
AUM (as of Nov 2022)
14869 Cr
Launch Date
1st Jan 2013
Returns since launch
26.36%
Trailing Returns (1 Yr)
8.33%
Expense Ratio
0.71%
Risk
Very High
Minimum Investment
Rs 5000
Why we like this fund?
Fund has managed the downside better than the average small-cap category.
The fund's portfolio turnover ratio has been very low, which indicates its stock
picks, conviction, analysis, and buy & hold strategy has played out very well.
Nov’22
Parag Parikh Flexi Cap Fund
Flexi Cap | Direct Growth Plan
About the Fund
The fund follows a value investing strategy and picks stock across market cap
and Geography. The scheme believes in buying quality stocks at a discounted
price and holds them for a longer-term horizon. In order to hedge the portfolio
from country-specific risk, the scheme also takes exposure to international
stocks with a maximum cap of 35% of the overall portfolio. the fund manager
also ensures a reasonable price tag before investing. The core equity portfolio
consists of high conviction stocks which are not churned frequently and thus it
has one of the lowest portfolio turnover rates.
Rolling Returns
Parag Parikh Flexi
Cap Fund
Category Average
1 year
3 years
5 years
-5.15%
22%
16.3%
-0.89%
14.99%
8.96%
Details of the Fund
AUM (as of Nov 2022)
27712 Cr
Launch Date
28th May 2013
Returns since launch
18.92%
Trailing Returns (1 Yr)
-6.77%
Expense Ratio
0.78%
Risk
Moderately High
Minimum Investment
Rs 1000
Why we like this fund?
Parag Parikh, Flexi Cap Fund follows a value investing strategy and picks stocks
across market cap and geography. Even with a conservative investment approach, the fund has delivered superior returns and is one of the best-performing funds in its category.
Note- The fund was popular due to its international exposure but now has taken
a hit due to the global slowdown. Besides, due to the limit set by the SEBI on
overseas exposure, the fund has not been able to take advantage of the fall in
prices of global stocks and resultantly, has taken a beat.
Nov’22
Mirae Asset NYSE Fang+ ETF
International | Direct Growth Plan
About the Fund
The fund offers an option to take exposure in the 10 high-growth innovative
technology companies which are at the forefront of several megatrends. With a
small investment, one can get exposure to global tech leaders such as Facebook, Amazon, Apple, Netflix, Alphabet (Google), Tesla, Twitter, among others.
These companies contemplate long term megatrends that have the power to
transform. business, society and economies and are leaders in their respective
domains.
Rolling Returns
Mirae asset NYSE
Fang+ ETF
Category Average
1 year
3 years
5 years
-18.18%
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Details of the Fund
AUM (as of Nov 2022)
995 Cr
Launch Date
6th May 2021
Returns since launch
-18%
Trailing return (1 Yr)
-36.32%
Expense Ratio
0.69%
Risk
Very high
Minimum Investment
Rs 5000
Why we like this fund?
This fund has exposure to the top tech firms in the world, which are poised to
exhibit significant growth over the years. This fund can be your chance to ride
this massive tech wave. All overseas funds have taken a hit due to global
shocks, which we expected to rebound gradually and hence, this doesn’t
change our view on the fund.
The secret to complete and holistic financial planning is not in
picking the best of a single asset class but in having the best
combination of various asset classes that suits ‘you’, your goals
and your ability to take risks.
Get to know how much you should invest in which asset class
by entering just a few details about yourself in Recipe’s
‘Financial Appetite’ .
Visit : recipe.finology.in