Continuing our discussion in this very interesting category which targets both the Large and Mid cap section of the market. This category is interesting since it gives much more space for fund managers beyond 100 Large cap stocks, to invest into further 150 stocks which might have potential to give results. Since Last discussion which you can read here (https://wealthinn.in/which-large-and-midcap-fund-to-choose/) Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio PE Exit Load Benchmark UTI Large & Mid Cap Fund (G) 1993 4 4,992.97 1.91 18.91 1.00% – 0-1 years 0.00% – >1 years NIFTY Large Midcap 250 TRI HDFC Large And Mid Cap Fund Reg (G) 1994 3 26,157.98 1.65 20.77 1.00% – 0-1 years 0.00% – >1 years NIFTY Large Midcap 250 TRI ICICI Pru Large & Mid Cap Fund Reg (G) 1998 5 24,424.21 1.69 23.96 1.00% – 0-1 months 0.00% – >1 months NIFTY Large Midcap 250 TRI Canara Robeco Emerging equities Reg (G) 2005 3 25,511.33 1.6 32.20 1.00% – 0-1 years 0.00% – >1 years NIFTY Large Midcap 250 TRI Bandhan Core Equity Fund Reg (G) 2005 4 10,817.9 1.72 20.96 If <365 Days: • Upto 10% of investment:Nil, • For remaining investment: 1% of applicable NAV. if>365 Days: Nil NIFTY Large Midcap 250 TRI Quant Large and Mid Cap Fund (G) 2006 1 3,48801 cr 1.91 22.03 1.00% – 0-15 days 0.00% – >15 days NIFTY Large Midcap 250 TRI Invesco India Large & Mid Cap Fund (G) 2007 5 8,124.55 1.77 36.35 If <365 Days: • Upto 10% of investment:Nil, • For remaining investment: 1% of applicable NAV. if>365 Days: Nil NIFTY Large Midcap 250 TRI Mirae Asset Large & Midcap Fund Reg (G) 2010 2 40,821.9 1.53 20.78 1.00% – 0-365 days 0.00% – >365 days SWP 15% of the units with 365days : Nil > 15% of units within 365 days 1% NIFTY Large Midcap 250 TRI PGIM India Large and Mid Cap Fund Reg (G) 2024 – 741.09 cr 2.29 31.51 <90 days- 0.5% >90 days: Nil NIFTY Large Midcap 250 TRI Motilal Oswal Large and Midcap Fund Reg (G) 2019 5 13,777.98 1.69 43.73 1.00% – 0-1 years 0.00% – >1 years NIFTY Large Midcap 250 TRI UTI Large & Mid Cap Fund (G): One of the oldest funds in the category launched in 1993, with CRISIL rated at 4 star, rating maintained from last time, fund size of 4,992.97 cr. The fund has a high expense ratio of 1.91. Fund PE of 18.91. Exit load of 1 year 1%. HDFC Large And Mid Cap Fund Reg (G): The fund was launched in the year 1994, a very old fund in the category, CRISIL rated as 3 star, last time it was 4 star rated. Fund size of 26,157.98 Cr, fund size has increased. The expense ratio of 1.65. With PE of 20.77. Exit load of 1 year 1%. ICICI Pru Large & Mid Cap Fund Reg (G): This fund was launched in the year 1998, CRISIL rated as 5 star, rating improved from 4 star, fund size of 24,424 cr. Expenses ratio of 1.69. PE of the fund is 23.96. Exit load of 1 year 1% Canara Robeco Emerging equities Reg (G): The fund was launched in 2005, CRISIL rated at 3 star, rating improved from 2 star, fund size of 25,511.33. Expense ratio of 1.60. P of 32.20. Exit load of 1 year 1 %. Bandhan Core Equity Fund Reg (G): The fund was launched in the year 2005, CRISIL rated at 4 star, the fund rating has dropped from 5 star in last discussion, fund size of 10,817.9 cr, huge jump in the fund size. Expense ratio 1.72. PE of fund 20.96. Exit load : 365 days less than 10% of units upto : nil , for remaining units 1%. For > 365 days nil. Quant Large and Mid Cap Fund (G): The fund was launched in the year 2006, Rated 1 star by CRISIL, rating had fallen from 3 star in last discussion. The fund size currently at 3,488.01 cr, has fallen from last time of 3709 cr. The expense ratio of 1.91. PE of the fund is 22.03. Exit load is 1% for 15 days. Invesco India Large & Mid Cap Fund (G): The fund was launched in the year 2007, rated 5 star by CRISIL, the fund has maintained its rating at 5 star. The size is 8,124.55 cr increased from 6,149 cr last time. Expense ratio 1.77. PE of the fund is 36.35. Exit load : 365 days less than 10% of units upto : nil , for remaining units 1%. For > 365 days nil. Mirae Asset Large & Midcap Fund Reg (G): The fund was launched in 2010, Current CRISIL 2 star rated, rating has improved from last time of 1 star. The fund has the biggest portfolio size at 40,821.9 cr as compared to 38,166 cr. Expense ratio of 1.53. PE of the fund is 20.78. Exit load 1% for 365 days . SWP 15% of units with 365 days 1% , greater than 365 days nil PGIM India Large and Mid Cap Fund Reg (G): This fund replaces the HSBC Large and mid cap fund, in the last discussion. It was a very new launch in the year 2024. With a small portfolio size of 741.09 cr. PE of the fund is 31.51. High expense ratio of 2.29. Exit load .5% for less than 90 days. Nil for more than 90 days. Motilal Oswal Large and Midcap Fund Reg (G): This fund was launched in the year 2019, Currently 5 star rated by CRISIL,this fund has also maintained its rating from the last discussion. The AUM of the fund is 13,777.98 Cr as compared to 6,840 cr, The fund doubled the AUM in about 7-8 months. The Expense ratio of the fund is 1.69. The fund has a high PE of 43.73.Exit load of 1% for less
Last week, a compelling case landed on my desk that perfectly illustrates a critical flaw in modern financial guidance. It involved a high-earning professional who had done everything “right” on the surface, yet was riddled with anxiety about her future. I want to share this case study to highlight why simplicity and purpose-driven planning must always trump complexity. The Client Profile: An Early Start, A Complex Mess I met with a brilliant female doctor in her early 40s. She had been investing consistently since 2017, meaning she started at a commendable age of 32. Eight years of investing is a significant advantage! She was proactive, disciplined, and clearly understood the importance of saving. However, a deep dive into her portfolio revealed an astonishing lack of strategy: The Overload: She was invested across 40 different mutual funds 🤯. The Commitment: She had active SIPs (Systematic Investment Plans) running in 20 of those funds, totaling about ₹90,000 per month. The Advice Gap: Her investments were fragmented, handled by four separate “advisors”: two banks and two independent individuals. The Root of the Chaos The most alarming discovery wasn’t the sheer number of funds; it was the mechanism that created them. Every time she visited her bank, her Relationship Manager (RM) presented her with a new investment. Every time she called an advisor, they recommended a new fund. The result was a constantly growing collection of assets with no underlying strategy and zero mapping to her life goals. Her portfolio was a scattered collection of products, not a cohesive financial plan. The Wake-Up Call: Anxiety in Her 40s 🚨 So, why did she finally seek help? She had reached her early 40s—the age when long-term goals, particularly children’s education 🎓 and retirement, transition from abstract concepts to urgent realities. She was paralyzed by worry: Are these investments adequate? Can I actually achieve my goals with this structure? How do I even begin to manage this complexity? The eight years of disciplined saving had bought her anxiety, not peace of mind. The Shocking Missing Foundation: Protection Planning 🛡️ As a financial advisor, I begin with the foundation: protection. During our session, I discovered that despite having four advisors over eight years, she had NO Term Insurance Plan for herself. I was genuinely taken aback. No one had addressed the most fundamental question: What happens to her family’s financial stability if she is no longer around? This case screams a lack of basic, client-first questioning. A proper financial review starts with the basics, not the latest fund recommendation: Portfolio Audit: What is your current portfolio and why? Goal Setting: What goals are you investing for? Risk Management: Have you secured your income and assets (Term Insurance, Health Insurance)? The Takeaway for Every Investor This doctor, an intelligent and highly successful professional, spent eight years collecting funds without a direction. What she has is a lot of funds, but no sense of how to manage them, resulting in profound anxiety. More funds is not more diversification; it is often just more duplication and confusion. If your financial conversations always start and end with buying a new product, you’re not getting advice—you’re getting a sales pitch. A successful financial partnership provides: Clarity: A clear link between every rupee invested and a specific life goal. Simplicity: A streamlined, manageable portfolio (rarely more than 5-8 funds are needed). Foundation: Proper protection planning before aggressive investment begins. Don’t let complexity become your biggest obstacle. Seek an advisor who asks about your goals and your protection, long before they ask about your bank balance. If this doctor’s story sounds familiar—too many funds, no clear goals, and anxiety about the future—it’s time for an expert review. You deserve simplicity and confidence, not complexity and confusion Worried your portfolio is over-diversified and underperforming? Let’s Fix It. Book a brief 1-on-1 discovery call now to see how we can simplify your finances. Click to book here
Recently, numerous articles have surfaced discussing how equity markets delivered zero returns over the past year. This has sparked considerable anxiety among investors. Just the other day, one of my wife’s cousins called her in distress. Her husband has been investing consistently in equities, and after reading the news, she became concerned about the possibility of losing their invested money. She even wondered if they should start looking for alternative opportunities. Let’s Add Some Perspective On September 15, 2023, the index stood at 20,192.35. By September 13, 2024, it had risen to 25,356.50—a one-year return of 24.85%. Such impressive gains from a large-cap index are certainly unusual. The graph below clearly shows the straight-line growth during that period. Unsurprisingly, this rally triggered a wave of new investors entering the market. Positive news was everywhere; no matter where you looked, optimism dominated. This Trend Shifted the Following Year However, the landscape changed dramatically over the next year as the market corrected and fell from its peak. I discussed this shift in detail on my blog (Your SIP During Market Corrections: A Perspective From Your Advisor), as well as in a LinkedIn post (see here). Although the market has begun to recover since the correction, returns for investors have remained flat. On September 13, 2024, the Nifty50 was at 25,356.50. By September 15, 2025, it stood at 25,069.20, reflecting a negative return of 1.13% over the year (see the chart below). But What About SIP Performance? To truly understand how Systematic Investment Plans (SIPs) performed during this period, let’s consider a real-world example. For the sake of neutrality, the name of the fund has been omitted to avoid making any specific recommendations. Nav Date Nav Cumulative Units Cumulative Invested Amount Market Value 15-09-2023 80.83 247.433 20,000 20,000 16-10-2023 79.63 498.594 40,000 39,703 15-11-2023 80.44 747.227 60,000 60,107 15-12-2023 87.66 975.381 80,000 85,502 15-01-2024 90.77 1,195.718 1,00,000 1,08,535 15-02-2024 93.13 1,410.472 1,20,000 1,31,357 15-03-2024 93.79 1,623.714 1,40,000 1,52,288 15-04-2024 95.54 1,833.051 1,60,000 1,75,130 15-05-2024 96.88 2,039.492 1,80,000 1,97,586 18-06-2024 102.14 2,235.301 2,00,000 2,28,314 15-07-2024 106.71 2,422.725 2,20,000 2,58,529 16-08-2024 106.71 2,610.149 2,40,000 2,78,529 16-09-2024 110.52 2,610.149 2,40,000 288,473.67 SIP Performance During the Rally From September 15, 2023, to September 16, 2024, an investor making regular SIP contributions would have seen their investment table look somewhat like this: During this period, SIP investors achieved an impressive XIRR of 38.92%. This remarkable return was possible because the markets were on an upswing, providing an environment where gains were highly likely. But why did the SIP’s XIRR outperform the market’s absolute return during this time? The key lies in understanding the difference between XIRR and absolute returns. While absolute returns simply measure the point-to-point change in value, XIRR accounts for the timing of each cash flow—capturing the compounding effect of investing regularly throughout the year. When comparing absolute numbers, the market delivered a return of 24.85%, while the fund’s absolute gain stood at 20.19%. In rising markets, SIPs typically underperform in absolute terms because the investments made later in the year buy at higher prices. However, XIRR can look higher over short, sharply rising periods due to the sequence and timing of flows. Nav Date Nav Cumulative Units Cumulative Invested Amount Market Value 16-09-2024 110.52 180.963 20,000 20,000 15-10-2024 109.42 363.745 40,000 39,801 18-11-2024 103.01 557.900 60,000 57,469 16-12-2024 108.16 742.812 80,000 80,343 15-01-2025 101.13 940.577 1,00,000 95,121 17-02-2025 99.97 1,140.637 1,20,000 1,14,029 17-03-2025 98.15 1,344.407 1,40,000 1,31,954 15-04-2025 102.47 1,539.586 1,60,000 1,57,761 15-05-2025 109.37 1,722.451 1,80,000 1,88,384 16-06-2025 109.44 1,905.200 2,00,000 2,08,505 15-07-2025 110.79 2,085.722 2,20,000 2,31,077 18-08-2025 110.8 2,266.227 2,40,000 2,51,098 15-09-2025 111.14 2,266.227 2,40,000 2,53,507.98 SIP Performance for Investors Starting at Market Peaks What if an investor entered the same fund at the market peak, amid all the hype? Let’s explore what would have happened in that scenario. The fund delivered an XIRR of 10.56%, despite the market’s absolute returns being negative at -1.13%. How is this possible? Looking at absolute returns, the fund generated a positive 5.62%, compared to the Nifty50 index’s -1.13% during the same period. This advantage arose because investments were made during a market decline, allowing the investor to buy at lower NAVs. For example, on February 17, 2025, the NAV was 99.97, significantly lower than the NAV of 110.52 on September 16, 2024. This enabled the purchase of more units at discounted prices. Similarly, other instances of market dips allowed SIP investors to accumulate more units, resulting in SIPs delivering superior returns during market downturns. Nav Date Nav Cumulative Units Cumulative Invested Amount Market Value 15-09-2023 80.83 247.433 20,000 20,000 16-10-2023 79.63 498.594 40,000 39,703 15-11-2023 80.44 747.227 60,000 60,107 15-12-2023 87.66 975.381 80,000 85,502 15-01-2024 90.77 1,195.718 1,00,000 1,08,535 15-02-2024 93.13 1,410.472 1,20,000 1,31,357 15-03-2024 93.79 1,623.714 1,40,000 1,52,288 15-04-2024 95.54 1,833.051 1,60,000 1,75,130 15-05-2024 96.88 2,039.492 1,80,000 1,97,586 18-06-2024 102.14 2,235.301 2,00,000 2,28,314 15-07-2024 106.71 2,422.725 2,20,000 2,58,529 16-08-2024 106.71 2,610.149 2,40,000 2,78,529 16-09-2024 110.52 2,791.112 2,60,000 3,08,474 15-10-2024 109.42 2,973.894 2,80,000 3,25,403 18-11-2024 103.01 3,168.050 3,00,000 3,26,341 16-12-2024 108.16 3,352.961 3,20,000 3,62,656 15-01-2025 101.13 3,550.726 3,40,000 3,59,085 17-02-2025 99.97 3,750.786 3,60,000 3,74,966 17-03-2025 98.15 3,954.556 3,80,000 3,88,140 15-04-2025 102.47 4,149.735 4,00,000 4,25,223 15-05-2025 109.37 4,332.600 4,20,000 4,73,857 16-06-2025 109.44 4,515.349 4,40,000 4,94,160 15-07-2025 110.79 4,695.871 4,60,000 5,20,256 18-08-2025 110.8 4,876.376 4,80,000 5,40,302 15-09-2025 111.14 4,876.376 4,80,000 5,41,960.43 Long-Term SIP Returns in a Volatile Market To understand how long-term investors fared using the SIP route, let’s take a look at the overall returns generated over the two-year period shown in the table above. Despite the volatility in the market, the fund was able to deliver a commendable XIRR of 12.10%, compared to an 11.42% return from the Nifty50 index during the same timeframe. This demonstrates how disciplined SIP investing can generate competitive returns even in uncertain market conditions. Watch the Video :
Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio PE ratios Exit Load Benchmark ICICI Pru Multi Asset Fund (G) 2002 _ 63,001.13 cr 1.38 21.32 For units in excess of 30% of the investment, 1% will be charged for redemption within 365 days Nifty 200 TRI (65%) + Nifty Composite Debt Index (25%) + Domestic Price of Gold (6%) + Domestic Price of Silver (1%) + iCOMDEX Composite Index (3%) Quant Multi Asset Fund (G) 2001 _ 3,666.25 cr 1.86 16.06 1% for redemption within 15 days Composite Benchmark of 65% S&P BSE 200 + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index (Total Return variant of the index (TRI) will be used for performance comparison) UTI Multi Asset Allocation Fund Reg (G) 2008 _ 5,902.09 cr 1.73 29.22 1% for redemption within 30 days 25% CRISIL Composite Bond TR INR, 10% Price of Gold, 65% BSE 200 TR INR HDFC Multi Asset Fund (G) 2005 _ 4,634.55 cr 1.88 21.26 For units in excess of 15% of the investment, 1% will be charged for redemption within 365 days 65% Nifty 50 TRI + 25% Nifty Composite Debt Index + 10% Price of Domestic Gold (as per AMFI Tier I Benchmark) SBI Multi Asset Allocation Fund Reg (G) 2005 _ 9,440.3 cr 1.42 21.50 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic prices of Gold + 5% Domestic prices of Silver WhiteOak Capital Multi Asset Allocation Fund Reg (G) 2023 – 3,039.83 Cr 1.63 21.31 For units in excess of 10% of the investment, 1% will be charged for redemption within 30 days CRISIL Short-Term Bond Index (45.00%), Domestic Price of Gold (19.00%), Domestic Price of Silver (1.00%), BSE 500 Total Return Index (35.00%)^ Nippon India Multi-Asset Allocation Fund Reg 2020 _ 6,649.41 cr 1.45 21.09 For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months 50% of BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Term Bond Index, 10% of Domestic prices of Gold & 5% of Domestic prices of Silver ICICI Pru Multi Asset Fund (G) : ICICI has been one of the pioneers of this category and has been running this fund since 2002, With a large fund size 63,001 cr with the next fund far away in terms of size. Very low expense ratio of 1.38. Fund PE is 21.32 showing a growth bias in the fund. With Benchmark as Nifty 200 65% + debt 25% + Domestic price of gold 6% and Price of silver 1%+ IComex 3%, which shows the fund would always have 10% in the commodities Quant Multi Asset Fund (G) : This fund was one of the earliest funds launched in 2001, Fund size of 3,666.25 cr. The expense ratio of the fund is 1.86, Fund has PE of 16.06. The fund is benchmarked against 65% BSE 200+ 15 CRISIL short term bonds +20% ICOMDEX TRI, so this fund has a major allocation to commodities to 20%, the debt allocation here is reduced to 10%. But the equity portion remains the same. UTI Multi Asset Allocation Fund Reg (G): This fund was launched in the year 2008, it had delivered results in very recent times, with a decent fund size of 5,902.09 Cr. The fund has a high expense ratio of 1.73. The high PE of 29.22 shows a major allocation to growth stock. The benchmark of the fund is 65% BSE 200 TR INR + 25% CRISIL composite bond TR INR + 10% price of gold. Which is very similar to that of ICICI so it would also have a 10% index in the commodities. HDFC Multi Asset Fund (G): The fund was launched in the year 2005, with a decent fund size of 4,634.55 cr. The fund expense ratio is high at 1.88. The PE of 21.26 shows growth bias. The fund’s benchmark is 65% NIFTY50 TRI+ 25% in NIFTY Composite Debt + 10% price of Domestic gold. The fund is somewhat similar to ICICI but only shows gold as commodity. SBI Multi Asset Allocation Fund Reg (G) : This fund was launched in 2005, with a Second largest fund size of 9,440.3 Cr. The expense ratio for the fund is 1.42. PE of 21.50, again growth orientation. The fund is benchmarked with 45% BSE 500 TRI+ 40% CRISIL Composite bond fund +10% domestic prices of gold + 5% domestic price of silver , So this fund has taken a much larger call in debt instruments, and with high concentration of gold at 10% and silver at 5%. So it stands a bit conservative from an equity perspective. WhiteOak Capital Multi Asset Allocation Fund Reg (G): This fund is a new entrant for discussion. It was not part of the last discussion. to the market launched in 2023,a bit high expense ratio of 1.63. part of the list as it gave a spectacular performance since its debut. Fund size of Rs 3,039.83 cr . PE of 21.31 shows growth bias. The fund is benchmarked as 35% BSE 500 TRI Index +45% CRISIL short term bond index + 19% domestic price of bond + 1% domestic price of silver. So this fund has given much more weightage to gold at 19% , again more debt oriented rather than equity oriented , with just 35% as benchmark allocation. Comparable to SBI but very different from others discussed till now. Nippon India Multi-Asset Allocation Fund Reg : The fund was launched in the year 2020, and has a decent fund size of 6,649.41cr. The funds expense ratio is 1.45, and PE of the fund is 21.09 again shows growth orientation. The fund is benchmarked as 50% BSE 500 TRI+ 20% MSCI World Index TRI, 15% CRSIL short term bond
The small cap funds have been in fashion for quite some time. Last discussion on the fund was done in the month of October 2024( you can check the blog here). It was revised from the last one in March 2024. Since October 2024 , the Mahindra Manulife Small Cap Fund Reg (G) is dropped in this discussion in its place we have included Motilal Oswal Small Cap Fund Reg (G), the fund has delivered exceptional returns so, we have included it here. Though it would need more time to understand if this fund can deliver results consistently or not. Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio PE Exit Load Benchmark Quant small cap fund 1996 3 26,221 cr 1.60 22.55 1% for redemption within 365 days Nifty Smallcap 250 TRI Bandhan Small cap fund 2020 4 10,244.1 cr 1.69 11.80 1% for redemption within 365 days BSE 250 Smallcap TRI Hdfc Small cap fund 2008 3 30,880.43 cr 1.61 10.01 1% for redemption within 365 days BSE 250 SmallCap Index (TRI) Nippon India small cap fund 2010 4 58,028.59 cr 1.44 9.33 1% for redemption within 365 days Nifty Smallcap 250 TRI Axis Small cap fund 2013 4 23,317.93 1.61 10.37 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days Nifty Smallcap 250 TRI HSBC Small Cap fund 2014 2 14,736.99 Cr 1.69 9.91 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days NIFTY Small Cap 250 TRI SBI small cap fund 2009 3 31,790 cr 1.58 24.13 1% for redemption within 365 days BSE 250 Small Cap Index TRI DSP small Cap fund 2007 3 14,258.03 cr 1.73 20.68 1% for redemption within 364 days BSE 250 Small Cap TRI ITI Small Cap Fund Reg (G) 2020 5 2,293.79 cr 1.96 8.78 1% for redemption within 365 days Nifty Smallcap 250 TRI Motilal Oswal Small Cap Fund Reg (G) 2023 – 4331.97 cr 1.86 29.59 1% – If redeemed on or before 365 days from the date of allotment. Nifty Small cap 250 TRI Quant small cap fund The fund launched in 1996, one of the oldest performing funds in the category, but of course it was not launched by quant but had been taken over by quant, it has 3 star rating . The Portfolio size of 26,221 cr. The portfolio size has remained constant since last review. The fund has PE of 22.55. The expense ratio of the fund is 1.60. Bandhan Small cap fund The fund was launched in the year 2020, and enjoys a 4 star rating. The fund has a portfolio size 10,244.1 cr, which is a substantial increase from the last time. The PE of the fund is 11.60. The ratio of the fund is 1.69 HDFC Small cap fund The fund launched in 2008, with rating of 3 stars, fund size of 30,880 cr, third highest fund size. THe fund has PE of 19.53. The expense ratio of the fund is 1.61. Nippon India small cap fund The fund was launched in 2010, enjoys 4 star rating, highest AUM size of 58,028 cr, the fund size has not moved much since last time. The PE of the fund is 25.02. The expense ratio is 1.44. Axis Small cap fund The fund was launched in 2013, enjoys a 4 star rating from CRISIL. With an AUM of 23,317.93 , the fund has not moved much. PE of the fund is 10.37. The expense ratio is 1.61. HSBC Small Cap fund The fund was launched in the year 2014, 2 star rated fund. The AUM of 14,736.99 cr, this fund has lost AUM since last discussion. The PE of the fund is 27.3. The expense ratio is 1.69 SBI small cap fund The fund was launched in the year 2009, 3 star rated. The AUM of the fund was 31,790 cr. It climbed from 2nd largest fund in the category. The PE of the fund is 24.13. The expense ratio of the fund is 1.58. DSP small Cap fund The fund was launched in 2007, 3 star rated, moved up from 1 star rated. The AUM of the fund of 14,258.03 cr , it did lose a lot of AUM. The PE of the fund is 20.68. The expense ratio of the fund is 1.73 ITI Small Cap Fund Reg (G) The fund was launched in the year 2020, currently rated 5 star, small fund size of 2293.79 cr. The PE of the fund is 28.41. The expense ratio of the fund is 1.96. Motilal Oswal Small Cap Fund Reg (G) The fund was launched in 2023, and has delivered exceptional returns , so it made it to the list. Currently not rated by CRISIL. AUM of the fund is 4331.97cr. The PE of the fund is 29.59. Expense ratio of the fund is 29.59. Trailing Returns : Scheme 1 Year 3 Year 5 Year 7 Year 10 Year 15 Year Quant small cap fund -1.56 27.89 46.85 25.92 19.63 17.17 Bandhan Small cap fund 20.21 33.63 36.25 – – – Hdfc Small cap fund 7.57 26.98 34.38 17.02 18.77 16.78 Nippon India small cap fund 5.02 28.48 38.33 21.51 22.13 – Axis Small cap fund 11.42 23 30.78 21.43 19.02 – HSBC Small Cap fund 3.04 25.02 35.72 17.39 19.65 13.55 SBI small cap fund 1.66 19.51 29.02 17.87 19.45 20.7 DSP small Cap fund 14.43 24.14 33.36 18.28 17.8 18.94 ITI Small Cap Fund Reg (G) 9.48 30.32 29.43 – – – Motilal Oswal Small Cap Fund Reg (G) 21.56 – – – – – 1 year trailing 1st quartile : 16.5- 22 : Bandhan Small cap fund , Motilal Oswal Small Cap Fund Reg (G) 2nd quartile : 11- 16.5 : Axis Small cap fund, DSP small Cap fund 3rth quartile : 5.5- 11 : Hdfc Small cap
Imagine a future where your financial well-being isn’t a constant source of worry, where you feel confident in your ability to navigate life’s uncertainties, and where your long-term goals seem within reach. For many, this vision of a secure financial future encompasses a comfortable retirement, the capacity to handle unexpected expenses without significant disruption, and perhaps even the ability to leave a lasting legacy for loved ones or support causes that matter most. Achieving such security in today’s complex financial landscape can feel overwhelming, but there is a professional who can help you chart a course toward these aspirations: a wealth management advisor. Demystifying the Wealth Management Advisor Wealth management advisors are professionals who offer personalized financial advice and services to individuals with significant assets. These professionals play a crucial role in assisting clients with various aspects of their financial lives, including Investment management, Retirement planning, Tax strategies, Estate planning. Their primary aim is to simplify complex financial matters, providing highly personalized support and strategies tailored to each client’s unique circumstances, goals, and priorities. With expertise spanning finance, accounting, and even law in some cases, wealth management advisors offer comprehensive guidance that extends beyond simple investment advice. They often coordinate a range of financial services, acting as a central point of contact to manage a client’s assets holistically and create a strategic plan that addresses both current and future needs. It’s important to understand the nuances between a wealth advisor and a general financial advisor. While both types of professionals aim to help clients achieve their financial goals, wealth managers are often considered a subset of financial advisors who typically serve more affluent clients. Wealth managers tend to offer a more in-depth analysis of financial plans, bringing additional tools and specialization that are particularly beneficial for individuals with higher net worth. Their services may extend beyond basic financial advice to include areas like sophisticated estate planning, tax optimization, and long-term legacy planning. In contrast, financial advisors may work with a broader range of individuals across varying income levels. Wealth management often involves a more comprehensive and hands-on approach, reflecting the complexity and scale of the financial lives they manage. The Comprehensive Services Offered by Wealth Management Advisors Personalised Financial Plan : A cornerstone of wealth management is the creation of a personalized financial plan, acting as a detailed roadmap to help clients achieve their specific objectives. This process begins with the advisor gaining a thorough understanding of the client’s unique goals, risk tolerance, and overall financial situation. Based on this understanding, wealth management advisors develop tailored strategies that utilize a diverse array of financial products and services to help clients reach their aspirations. These plans are not static; they are designed to be dynamic tools that evolve alongside the client’s life circumstances and changing needs. They support not only financial goals but also reflect the client’s lifestyle, core values, and personal priorities. Strategic investment management : Strategic investment management is another critical service offered by wealth management advisors. These professionals work with clients to assess their tolerance for risk and then provide an investment strategy designed to help them achieve their financial goals. This involves not just selecting investments but also actively managing and planning investment portfolios with the aim of maximizing returns while adhering to the client’s risk parameters. A key element of this service is diversification, spreading investments across various asset classes to mitigate risk and enhance the potential for long-term growth. Wealth management advisors also provide ongoing monitoring and rebalancing of these investments to ensure they remain aligned with the client’s objectives and adapt to changing market conditions. For eligible clients, they may also offer guidance on a range of investment vehicles, including alternative investments, to further diversify and potentially enhance portfolio returns. Retirement Planning : Retirement planning is a significant focus for wealth management advisors, as they help clients create a comprehensive blueprint for a financially secure and worry-free future. This involves a thorough analysis of the client’s projected needs after retirement, along with their current income, spending habits, and savings. Advisors identify the types of retirement accounts best suited to the client’s needs and develop strategies to maximize their retirement savings. Recognizing the increasing costs of healthcare in retirement, wealth management advisors also play a vital role in helping clients plan for these significant expenses. Furthermore, they assist in establishing retirement income strategies, outlining how clients can best access their savings to create a sustainable income stream throughout their retirement years, and developing appropriate withdrawal plans. Estate Planning : Estate planning and wealth transfer are also crucial services offered by wealth management advisors. They help clients develop clear plans for the transfer of their wealth, including strategies for charitable giving and managing estate taxes, all in alignment with their values and wishes. Wealth management advisors often coordinate with estate planning attorneys to assist clients in the creation of wills, trusts, and other necessary legal documents to ensure their assets are distributed according to their intentions. They also help clients evaluate the effectiveness of their existing estate plans, assessing asset titling and beneficiary designations to ensure a smooth and efficient transfer of wealth. A significant aspect of this service involves helping clients minimize the impact of estate and inheritance taxes through various advanced planning strategies. Tax optimisation : Tax optimisation is another key area where wealth management advisors provide valuable assistance. They often coordinate with a client’s tax professionals to develop strategies aimed at minimising their overall tax obligations. This involves identifying opportunities for tax efficiency across various aspects of their financial lives, including income, investments, and estates. These strategies may include the strategic placement of assets in tax-advantaged accounts, as well as optimising the timing and methods of retirement distributions to reduce tax liabilities. Protecting wealth : Protecting wealth is just as critical as growing it, and wealth management advisors employ a range of risk management and insurance strategies to safeguard their clients’ assets against unforeseen circumstances. This includes a thorough assessment of potential
Before we discuss this edition we did our analysis , the earlier we did our analysis about 6 months back. You can read the blog mid cap fund analysis 2024 an analysis. Certain fund which were under discussion have been removed as they could not keep either the returns or fund size was not considerable. HSBC Midcap Fund Reg growth PGIM India Mid Cap Opp Fund Reg growth ITI Mid Cap Fund Reg – I have included this fund as it was very new fund and it was top performer on 1 year basis, but now is bottom performer. This goes to show that top performer lose next year and we have to find fund which can help us build wealth I have included below funds which have been top performer. Invesco India Mid Cap Fund (G) WhiteOak Capital Mid Cap Fund Reg (G) As always refer to a advisor or reach out to me to help you with best portfolio. Fund Name Year Of inception Fund rating ( Crisil rated ) Portfolio Size ( In Cr ) Expense ratio PE ratios Exit Load Benchmark HDFC Mid Cap Opportunities Fund 2007 4 72,610.08 cr 1.42% 20.91 1% for redemption within 1 year NIFTY MidCap 150 Index(Total Returns Index) Motilal Oswal Midcap Fund Reg 2014 5 26,028.34 cr 1.57% 41.71 1% for redemption within 1 year Nifty Midcap 150 TRI Nippon India Growth Fund 1995 4 33,174.74 cr 1.58% 24.41 1% for redemption within 30 days Nifty Midcap 150 TRI Edelweiss Mid Cap Fund 2007 5 8633.85 1.7% 12.16 1% for redemption within 90 days Nifty Midcap 150 TRI Quant MidCap Fund 2008 1 8,355.95 1.78% 22.27 0.5% for redemption within 90 days Nifty Mid Cap 150 TRI Kotak Emerging Equity (G) 2007 3 48,128.71 1.46 26.17 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days Nifty Midcap 150 TRI Axis Mid cap fund(G) 2011 3 28,063.01 1.58 18.93 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days BSE 150 Midcap TRI SBI Magnum MidCap Fund Reg (G) 2005 3 20,890.26 1.67 30.97 1% for redemption within 1 year Nifty Midcap 150 Index (TRI) Invesco India Mid Cap Fund (G) 2007 5 5779.32 1.82 32.13 For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days BSE 150 Midcap TRI WhiteOak Capital Mid Cap Fund Reg (G) 2022 – 2744.56 1.96 21.86 1% for units redeemed before 1 month BSE Midcap 150 TRI ITI Mid Cap Fund Reg (G) 2021 4 1091.64 2.07 12.60 1% for redemption within 1 year Nifty Midcap 150 TRI HDFC Mid Cap Opportunities Fund : The fund was launched in 2007 enjoys 5 star rating from CRISIL, Portfolio size of 72,610 cr one of the biggest fund sizes. Expense ratio of the fund is 1.42%. The exit load is 1% for redemption before 1 year. Fund PE IS 20.91 MotilalOswal Mid cap fund: The fund was launched in the year 2014, its 5 star rating by CRISIL. The fund size is 26,028.34 Cr. The expense ratio is 1.57% , PE of the fund is 41.71. Exit load is 1 % for redemption within 1 year . Nippon India Growth Fund : The fund was launched in the year 1995, one of very early funds in the industry,4 star rated by CRISIL, good fund size of 33,174 cr. The expense ratio is 1.58% . The PE of the fund is 24.41. The exit load applicable is 1% for redemption within 30 days. Edelweiss Mid Cap Fund : The fund was launched in the year 2007, It is currently 5 star rated by CRISIL, with a decent fund size of 8633 cr. The expense ratio of the fund is 1.7%. PE of the fund is 12.16. Exit load applicable is 1% for redemption within 90 days. Quant MidCap Fund: The fund was launched in the year 2008, its currently 1 star rated by CRISIL, has a decent portfolio size of 8,355.95 cr. Expense ratio of 1.78% and PE of the fund is 22.27. The fund exit load is 0.5% for redemption within 90 days. Kotak Emerging Equity : The fund was launched in the year 2007, 3 star rated by CRISIL, second highest fund size in the category, expense ratio of 1.46%. PE of 26.17. The Exit laid applicable units in excess of 10% of investment 1% would be charged for redemption with in 365 days Axis Mid cap fund Fund: The fund was launched in the year 2011, 3 star CRISIL rated, with a great fund size of 28,063.01 cr. The expense ratio of the fund is 1.58. PE of the fund is 18.93. Exit load on the fund is For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days. SBI Magnum MidCap Fund: The fund was launched in 2005, a 3 star rated fund. Good fund size of 20,890.26 cr. Expense ratio of 1.67. PE of the fund is 30.97. The exit load applicable on the fund is 1% for redemption within 1 year. Invesco India Mid Cap Fund (G): The fund was launched in 2007 , it is rated 5 star from CRISIL.Fund size of 5779.32 Expense ratio is 1.82. PE of 32.13. The exit load applicable on the fund is For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days WhiteOak Capital Mid Cap Fund Reg (G): The fund was launched in the year 2022, It is not rated as per CRISIL, The fund size of 2744.56cr. The expense ratio of the fund is 1.96. PE of the fund is 21.86. The exit load on fund is 1% for units redeemed before 1 month ITI Mid Cap Fund Reg (G) : This fund was launched in the year 2021. It is rated as 4 star by CRISIL, with a very small fund
Are you feeling overwhelmed by your finances? Ever feel like you’re juggling a million financial balls in the air? Savings, investments, retirement, taxes… it can get overwhelming, right? Do you have big dreams for the future but aren’t sure how to get there? If so, you’re not alone. Many people find it challenging to manage their wealth effectively. That’s where a wealth management advisor comes in. Think of a wealth management advisor as your financial partner, someone who provides expert guidance and support to help you achieve your financial goals. They’re not just for the ultra-rich; they can benefit anyone who wants to build a secure financial future. Let’s break down the top 10 reasons why having a wealth management advisor in your corner today can be a game-changer: Get Crystal Clear on Your Big Picture: What does your ideal future look like? Maybe it’s retiring early and traveling the world, or perhaps it’s ensuring your kids have a debt-free start to their adult lives. A wealth management advisor helps you define these often-vague dreams into concrete, achievable financial goals. For instance, they might help you calculate exactly how much you need to save each month to retire comfortably by age 60. Personalized Financial Strategy You wouldn’t build a house without a blueprint, so why navigate your financial life without one? A wealth management advisor will work with you to create a comprehensive financial plan. This isn’t just about investments; it’s about understanding your entire financial ecosystem – your income, expenses, debts, and assets – and how they all work together. Imagine having a clear, step-by-step guide to reach your financial milestones. Expert Navigation Through Financial Storms: Life is full of surprises, and sometimes those surprises have financial implications. Whether it’s a job loss, a sudden death, or a major market downturn, a wealth management advisor can provide objective guidance and help you make sound decisions during challenging times. Think of them as your steady hand on the wheel when things get rocky. Smart Investment Strategies Tailored Just for You: Investing isn’t one-size-fits-all. A wealth management advisor takes the time to understand your risk tolerance, time horizon, and financial goals to build a diversified investment portfolio that aligns with your unique circumstances. For example, if you’re young and have a long time horizon, they might recommend a portfolio with a higher allocation to growth stocks. Unlock Tax-Saving Secrets: Taxes can take a significant bite out of your wealth. A knowledgeable wealth management advisor can help you implement tax-efficient strategies, from choosing the right types of investment accounts to exploring potential deductions and credits. This can translate into significant savings over time. Retire with Confidence and Security: Retirement might seem far away, but planning for it now is crucial. A wealth management advisor can help you determine how much you need to save, explore different retirement income streams, and create a plan to ensure you have the financial freedom to enjoy your post-working years. Protect What Matters Most: What would happen to your loved ones if the unexpected occurred? A wealth management advisor can help you assess your insurance needs (life, disability, long-term care) and guide you in creating an estate plan, including wills and trusts, to protect your family and ensure your assets are distributed according to your wishes. An Unbiased Voice in a Noisy World: It’s easy to get swayed by the latest investment trends or emotional reactions to market news. A wealth management advisor provides an objective and rational perspective, helping you stay focused on your long-term goals and avoid impulsive decisions that could derail your financial plan. Reclaim Your Precious Time: Let’s be honest, managing your finances effectively takes time and effort. By partnering with a wealth management advisor, you can offload the burden of research, analysis, and ongoing management, freeing up your time to focus on what truly matters to you. Stay on the Path to Success with Ongoing Support: Your financial journey isn’t a one-time event; it’s an ongoing process. A wealth management advisor provides continuous support, monitors your progress, and makes adjustments to your plan as your life circumstances and the market evolve. They’re your long-term partner in achieving your financial aspirations. Ready to Take Control of Your Financial Future? If any of these reasons resonate with you, it might be time to consider partnering with a wealth management advisor. You need not look further; you can hear what our customer says about our services. What are your biggest financial concerns right now? Let’s think about it and contact us to learn about the same.
A recent insightful article in the Wealth Edition of the Economic Times explored the crucial topic of financial planning for foreign education, covering aspects like funding, insurance, loans, and study destinations. Building on this foundation, this article will delve deeper into the financial strategies essential for funding any child’s education, whether at home or abroad. The desire for quality education for their children is a strong one for most parents. The HSBC Quality of Life Report 2024 highlighted this, revealing that a significant 78% of parents are either actively planning to send their children for overseas education or already have a child studying abroad. However, pursuing education, especially internationally, can be a substantial financial undertaking, particularly for families who haven’t planned diligently. For those who haven’t prepared at all, the situation can be even more challenging. The Cost of Delay: Why Procrastination Can Derail Dreams Regrettably, many parents only begin to consider the financial implications of their child’s educational aspirations when those dreams are almost within reach. By then, they often find themselves lacking the necessary resources to provide adequate support. This can lead to the heartbreaking scenario of a child’s ambitions being curtailed, or families being forced to explore less desirable alternatives. Consider the pitfalls of delayed planning: Education Loans with High Interest: Education loans can come with significant interest rates, ranging from 8.20% to 13.70%, and may be secured or unsecured. This can place considerable pressure on young graduates who are just starting their careers and are immediately burdened with debt repayment. Raiding Retirement Funds: A Dangerous Gamble: Another tempting but ill-advised option is for parents to dip into their retirement savings, such as funds in PPF or EPF. This is a critical mistake, as retirement security cannot be recovered through loans later in life. If facing such a dilemma, securing an education loan today is a far more prudent choice than jeopardizing your future financial stability. If you are stuck with the above option taking a loan today is better not to use your Retirement corpus. Understanding the Spectrum of Educational Costs: When formulating your financial plan, it’s essential to consider the full range of expenses involved: Tuition Fees: The Cornerstone Expense: This will invariably be the most significant component of your educational budget. These fees fluctuate considerably based on the chosen course, the institution, and the country of study. Accommodation: A Major Variable: Whether your child studies domestically or internationally, accommodation costs represent another substantial expense. While some institutions offer on-campus housing, many students, especially those abroad, need to seek off-campus options, with varying associated costs. Cost of Living: Beyond Tuition and Housing: Students will also incur daily living expenses, including food, transportation, and recreational activities, which need to be factored into your planning. Health Insurance: A Non-Negotiable Expense: Health insurance is typically a mandatory cost, especially for students pursuing education abroad. The Impact of Inflation and Currency Fluctuations: When planning for your child’s future education, it’s crucial to acknowledge the eroding effect of inflation on all the aforementioned expenses. Furthermore, for overseas education, currency depreciation can significantly inflate costs. Some sources suggest that these costs can inflate by as much as 10% annually, a rate considerably higher than general inflation. (https://www.gyandhan.com/blogs/inflation-and-exchange-rate-effect-on-study-cost-in-usa) Therefore, proactive financial planning for your children’s education is not just advisable; it’s a necessity, regardless of whether their academic path leads them to local institutions or universities across the globe. It’s about strategically preparing to empower their academic journey without jeopardizing your own financial well-being. Why Early Planning is Crucial: The earlier you begin planning for your child’s education, the greater the benefits: Power of Compounding: Starting early allows your investments to benefit from the magic of compounding. This means that the earnings on your initial investment also start earning returns, leading to exponential growth over time. Smaller Contributions Over Time: Spreading your savings over a longer period means you can contribute smaller amounts regularly rather than facing a large financial burden closer to their educational years. More Investment Options: With a longer time horizon, you have more flexibility to explore various investment options that may carry slightly higher risk but also the potential for greater returns. Reduced Financial Stress: Knowing you have a plan in place can significantly reduce the stress and anxiety associated with funding your child’s education as they get older. Flexibility to Adapt: Early planning allows you to adapt your strategy if your child’s educational path changes or if unforeseen circumstances arise. Key Steps in Financial Planning for Education: Define Your Child’s Potential Educational Path and Estimate Costs: While it’s impossible to predict the future with certainty, start by considering the potential educational pathways your child might pursue. Will they attend private or public primary and secondary schools? Are you envisioning a local college or one out of state or even overseas? Research current education costs and factor in inflation. Historical inflation rates for education can provide a guideline, but it’s wise to err on the side of caution and project a reasonable increase. For example, if a bachelor’s degree currently costs ₹15 lakh, estimate what it might cost in 15-18 years, considering an average inflation rate of, say, 5-7% per annum. Don’t forget to include associated costs like accommodation, books, supplies, and living expenses if they plan to study away from home. Assess Your Current Financial Situation: Take a clear look at your current income, expenses, savings, and debts. Understand how much you can realistically allocate towards your child’s education fund without compromising your other financial goals, such as retirement planning or emergency savings. Identify potential sources of funding, including your regular income, existing savings, and any potential future inheritances or windfalls. Set Clear Financial Goals and Timelines: Based on your estimated costs and current financial situation, set specific financial goals for each stage of your child’s education (e.g., saving ₹X by the time they finish high school, ₹Y by the time they start their undergraduate degree). Establish clear timelines for achieving these goals. This will
Mirae Asset Hang Seng TECH E T F FOF Reg (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Minimum Investment Exit Load Mirae Asset Hang Seng TECH E T F FOF Reg (G) 08-12-2021 93 0.53 ₹5,000/- and in multiples of ₹1/- thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹1/- thereafter 0.5% if redeemed within 3 months ,NlL if redeemed after The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in units of Mirae Asset Hang Seng TECH ETF. There is no assurance that the investment objective of the Scheme will be achieved. Asset allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Units of Mirae Asset Hang Seng TECH ETF 95 100 Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds 0 5 Fund managers : Ekta Gala Akshay Udeshi MIRAE ASSET HANG SENG TECH ETF – (Exchange Traded Fund (ETF) – An open ended scheme replicating/tracking Hang Seng TECH Total Return Index (INR)) Scrip : NSE Symbol: MAHKTECH , BSE Scrip Code: 543414 Launch date : 6th December 2021 Net AUM : 382.84 cr. Tracking Error : 0.13% Fund manager : Mr Siddharth Srivastva Hang Seng TECH Index represents the 30 largest technology companies listed in Hong Kong that have high business exposure to technology themes and pass the index’s screening criteria. Tencent Holdings Ltd. 8.30% JD.com Inc 8.23% Alibaba Group Holding Ltd. 8.21% Xiaomi Corporation 7.98% Meituan 7.93% Semiconductor Manufacturing International Corp 7.34% Kuaishou Technology 6.54% Li Auto Inc 5.49% XPeng Inc 5.12% Netease Inc 4.39% Other Equities 30.46% Equity Holding Total 99.99% Cash & Other Receivables 0.01% Total 100.00% Scheme Sub Category Expense Ratio 6 months 1 year 2 years 3 years 5 years 7 years 10 years Mirae Asset Hang Seng TECH E T F FOF Reg (G) Equity: Global 0.53 14.76 70.26 21.91 16.23 HDFC Nifty 50 Index Fund (G) Equity: Index 0.32 -2.46 8.85 17.85 12.35 22.66 13.26 11.97 Taxation : Effective July 23. 2024 Holding period <2 Year, STCG – Tax slab >2 Year, LTCG- 12.5% The fund is not accepting investment as of now Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Exit Load Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) 07 Feb 2014 110 Cr 1.41 Rs. 100/- per application The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds – Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies. Asset allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Shares of the Underlying Fund i.e. JPMorgan Funds – Europe Dynamic Fund 95 100 Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds 0 5 Fund manager : Mr. Bhavesh Jain Mr. Bharat Lahoti JPMorgan Funds – Europe Dynamic Fund I (acc) – EUR, which is holding 67 equity, large cap funds Country Allocation : ( 31 Mar 2025) Germany 25.42 United Kingdom 21.97 France 12.59 Switzerland 9.18 Netherlands 7.86 Italy 6.28 Spain 4.36 Denmark 2.87 Russia 2.47 Finland 1.78 Ireland 1.61 Sweden 1.43 US 1.42 Norway 0.75 Total 99.99 Top Holding sectors : Financial services 26.13 Industrial 12.29 Healthcare 10.64 Consumer Defensive 10.24 Consumer cyclical 9.28 Top Holding companies : Stock Name Sector %antage holding Shell PLC Energy 3.95 SAP SE Technology 3.94 Novartis AG Registered Shares Healthcare 3.26 Munchener Ruckversicherungs- Gesellshaft AG Financial Services 2.93 Allianz SE Financial Services 2.91 Taxation : Effective July 23. 2024 Holding period <2 Year, STCG – Tax slab >2 Year, LTCG- 12.5% Scheme Sub Category Expense Ratio 6 months 1 year 2 years 3 years 5 years 7 years 10 years Edelweiss Europe Dynamic Equity Off-shore Fund Reg (G) Equity: Global 1.41 7.91 16 13.63 13.56 17.01 9.18 7.7 HDFC Nifty 50 Index Fund (G) Equity: Index 0.32 -2.46 8.85 17.85 12.35 22.66 13.26 11.97 This Fund is accepting the investments ICICI Pru Global Advantage Fund (G) Fund Name Year Of inception Portfolio Size ( In Cr ) Expense ratio Minimum Investment ICICI Pru Global Advantage Fund (G) 07-Oct-19 338 1.33% Rs 100 (plus in multiples of Re.1) ICICI Prudential Global Advantage Fund (FOF) (the Scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of one or more mutual fund schemes / ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets. A certain corpus of the Scheme will also be invested in units of domestic mutual fund schemes/ETFs managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s). Asset Allocation : Instruments Indicative allocations (% of total assets) Minimum Maximum Units of mutual fund schemes as stated below 95% 100% a) Units of mutual fund schemes/ETFs which have the mandate to invest predominantly (at least sixty five percent of the net assets of the schemes) in equity and equity related securities in international markets 80% 100% b) Units of equity oriented schemes#/equity oriented ETFs which invests in equity and equity related securities in domestic markets 0% 20% c) Units of debt oriented/hybrid Mutual fund Schemes/ETFs 0% 20% Money Market Instruments (with maturity not exceeding 91 days) including TREPS*, cash & cash equivalents 0% 5% The indicative list is highlighted below: Aditya Birla Sun Life Commodity Equities Fund – Global Agri Plan Aditya Birla Sun Life International Equity Fund – Plan A Franklin Asian Equity Fund ICICI Prudential US Bluechip Equity Fund Nippon India Japan Equity Fund Nippon US Equity Opportunities Fund Motilal Oswal Nasdaq 100 ETF Nippon ETF Hang Seng BeES Fund managers : Mr. Sankaran Naren Mr. Dharmesh Kakkad Sharmila D’mello Ms. Masoomi Jhurmarvala Current Portfolio