(As of 31 May, 2021)
S&P BSE Midcap TR INR
Investors understand that their principal will be at Very High Risk.
The objective of the scheme is to achieve capital appreciation by investing predominantly in diversified stocks that are generally termed as mid-cap stocks.
1 %(If redeemed within 360 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Ramco Cements Ltd
Max Financial Services Ltd
Grindwell Norton Ltd
Cholamandalam Investment and Finance Co Ltd
Mid cap funds invest only in mid cap companies – those with a market capitalization of INR 500 – INR 10000 Crores. Mid cap funds can be highly volatile and risky; hence, isn’t recommended for first-time investors as well as investors with low risk appetite. The ideal investment horizon for mid cap funds is 5 -7 years and does offer higher returns than both multi cap and large cap funds. However, the flip side to it is that during economic turmoil and crises, mid cap funds can fall down excessively. So, be careful while picking Mid cap funds.
This fund is rated 2 stars by Morning Star Ratings.