Mid Cap Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
1%
Asset Size
1625.22 Cr.
(As of 31 Jul, 2022)
Benchmark
IISL Nifty Midcap 100 TR Index TR INR
Riskometer
Investors understand that their principal will be at Very High Risk.
To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Fund manager
Rupesh Patel
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹150
Minimum investment
₹5000
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.
Cummins India Ltd
2.83%
Thermax Ltd
2.78%
PI Industries Ltd
2.76%
Navin Fluorine International Ltd
2.70%
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 3 stars by Morning Star Ratings.