Deep Dive into the INVESTCO Multicap Fund ?
Are you considering investing in the INVESTCO Multicap Fund this year? Here is all you need to know about this fund before making an informed investment decision.
Key Fundamentals
Here are some essential details about the INVESTCO Multicap Fund:
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- Date of Launch: 17 March 2008
- Category: Equity
- Type: Multi Cap
- AUM: Rs. 3,736 crore
- Benchmark: NIFTY 500 Multicap 50:25:25 Total Return Index
Cost Analysis
Understanding the cost factors of the fund:
- NAV (Growth Option): Rs. 133.8
- IDCW: Rs. 121.32
- Minimum Investment: Rs. 1,000
- Minimum SIP Amount: Rs. 500
- Expense Ratio (%): 1.89
- Exit Load: For units in excess of 10% of investment, 1% will be charged for redemption within 365 days
Fund Manager Details
Get to know the brains behind the fund:
- Fund Managers: Amit Nigam/Dhimant Kothari
- Experience: 3.8 years/ 7 months
Recent Portfolio Changes
Discover the recent portfolio adjustments:
New Entrants
- Cummins India
- Grindwell Norton
- Infosys
- JK Cement
- KPIT Tech
- Orchid Pharma
- PB Fintech
- Power Grid
- Shyam Metalics and Energy
- Suven Pharma
- Tata Consumer
- Transformers and Rectifiers India
- Trent (June)
Complete Exits
- Abbott India
- Coal India
- K.P.R. Mill
- Kajaria Ceramics
- L&T
- Lupin
- Maruti Suzuki
- NHPC
- NTPC
- Samvardhana Motherson
- SBI
- Sundram Fasteners (June)
- CreditAccess Grameen
- Equitas Small Finance Bank
- Varun Beverages
- Zomato (July)
Should You Consider Buying?
Before making a decision, here are some factors to consider:
- The fund was repositioned as a multi-cap fund in 2018.
- It maintains a 40:60 allocation towards large caps and mid- and small-cap companies.
- The portfolio is diversified with modest positions in top bets.
- It focuses on businesses with long-term growth potential and no sectoral bias.
- Performance has been inconsistent but shows superior downside protection.
Hot Take ?
As you weigh your investment options, remember to thoroughly evaluate the INVESTCO Multicap Fund to determine if it aligns with your financial goals and risk tolerance. Happy investing!
