In this article, we review Quant Active Fund, which seems to have caught the attention of young DIY investors.  Why has it caught the attention of investors? Returns! It is always returns! And in particular the last one year return, without any regard to the fund’s history. Quant Active Fund has delivered 96.1% returns in…

Axis Quant Fund is an open-ended equity scheme following a quantitative model. The fund is currently in its NFO period: 11th June to 25th June 2021. In this review, we discuss the model used by the fund and whether it makes sense to invest in this. A quant fund uses a mathematical model to either…

Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund is an open-ended scheme tracking the Nifty 50 Equal-Weight TR Index. In this review, we analyse the performance of the underlying index by comparing it with NIfty 50 and Nifty Next 50 total return indices. What is an equal-weighted index?  The NIfty, Sensex, Nifty 100,…

This is a review of Axis Global Innovation Fund of Fund, an open-ended fund of fund scheme investing in Schroder International Selection Fund Global Disruption (aka underlying fund). The NFO period is between 10th to 21st May 2021. Just eight months ago, the AMC had launched the Axis Global Equity Alpha Fund of Fund that…

This is a review of Parag Parikh Conservative Hybrid Fund, an open-ended hybrid scheme investing predominantly in debt instruments. The scheme NFO period is between 7th to 21st May 2021. Classified as a conservative hybrid fund, the scheme will invest 10% to 25% of its assets in equity and 75% to 90% in bonds. The…

This is a review of ICICI Prudential Nifty Low Vol 30 ETF FOF, an open-ended fund of funds scheme investing in ICICI Prudential Nifty Low Vol 30 ETF. We try to answer two main questions that investors should ask before considering an investment in this FOF. They are: 1: Does low volatility investing work? If…

In this article, we review the Edelweiss Greater China Equity Off-shore Fund. This is an open-ended fund of fund scheme investing in JPMorgan Funds – Greater China Fund (the underlying fund). JPMorgan Funds – Greater China Fund is an equity fund investing primarily in a diversified portfolio of domiciled companies in, or carrying out the…

Edelweiss Nifty PSU Bond Plus SDL Index Fund – 2026 is an open-ended target maturity Index Fund predominantly investing in the constituents of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index. The fund has a maturity date of April 30th 2026, after which the assets will be distributed to unitholders. This article explains the…

This is a review of SBI International Access ‐ US Equity FoF (fund of fund) currently in its NFO period up to March 15th 2021. It will invest in mutual fund schemes/ETFs that invest in US markets and will be e benchmarked to S&P 500 Index, after converting it to Indian Rupee. It will invest…

After frustrating investors for the last few years, ICICI Prudential Value Discovery Fund has performed well in the last few months. Is this because of simply following the index? We investigate. After investing in an actively managed mutual fund, all investors care about is a return higher than the index. It does not matter for…

This is a review of Edelweiss Balanced Advantage Fund, an open-ended dynamic asset allocation fund. In its 12th year, the fund has an AUM of Rs. 1496 crores. It varies its equity exposure between direct equity and arbitrage as per market conditions but will remain an “equity fund” with respect to taxation. Depending on market…

Nippon India Nifty Smallcap 250 Index Fund is an open-ended scheme that will track the Nifty Smallcap 250 Index. Should passive investors add this to their portfolio? Should one invest in a small cap index fund instead of an actively managed small cap fund? If one does choose this index fund, how should they invest?…

Focused mutual funds are schemes that can invest in a maximum of 30 stocks in large cap or mid cap or small cap stocks or across market cap (multicap). The scheme must invest 65% of assets in equity and must mention its market cap alignment. In this article, we find out how focused mutual funds…