In this edition of “fund performance report”, we look at Nippon India Smallcap Fund. Launched in Sep 2010, the fund now has an AUM of 17,555 Crores. Disclaimer: Fund performance reports present return and risk analysis of a fund with representative benchmarks and are not investment recommendations. It must be expressly understood that the data below…

In this article, we evaluate the performance consistency of Kotak Emerging Equity Fund, a mid cap fund. Launched in March 2007, the fund currently has an AUM of Rs. 16,705 Crores. As we can see from the funds market cap allocation history, it changes from a mid and small cap fund to a mid cap…

In this article, we evaluate the performance of HDFC Mid Cap Opportunities Fund. Launched in June 2007, the fund has the largest AUM in the mid cap category at Rs. 31,629 Crores. Kotak Emerging Equity is a distant second at almost half the AUM (Rs. 16,485 Crores). We will use three metrics to analyse performance…

In this article, we evaluate the performance consistency of Canara Robeco Emerging Equities, a large and mid cap fund. Launched in March 2005, the fund currently has an AUM of Rs. 11,774 Crores. As one can see from the Market cap allocation history below, Canara Robeco Emerging Equities Fund has been a large and mid…

Motilal Oswal MSCI EAFE Top 100 Select Index Fund is an open-ended scheme tracking the  MSCI EAFE Top 100 Select Index. The fund is currently in its NFO period (15th to 25th Nov 2021). This review discusses if investing in this fund makes sense when one can derive international exposure from existing options. The MSCI…

Subbiah asks, “Dear Pattu Sir, ICICI Pru NASDAQ 100 Index Fund will be available for investing from next week (NFO period is from Sep 27 to Oct 11 2021). Can we buy this instead of MO Nasdaq 100 FOF or Kotak Nasdaq 100 FOF as it is a simple index fund?” ICICI Pru NASDAQ 100…

HDFC Developed World Indexes Fund of Fund is an open-ended fund of funds scheme investing in units/shares of overseas Index Funds and/or ETFs, which will, in aggregate, track the MSCI World Index. The fund is currently in its NFO stage. In this review, we shall discuss HDFC MF’s plan to invest in a basket of…

Nippon India Passive Flexicap FoF is an open-ended Fund of Funds (FoF) Scheme investing in units of ETFs/Index Funds of Nippon India Mutual Fund. In this review, we consider if it makes sense to invest in such a product. The FoF was launched in Dec 2020 and currently has an AUM of 212 crores (as…

Mirae Asset S&P 500 Top 50 ETF is an open-ended scheme replicating/tracking S&P 500 Top 50 Total Return Index. Mirae Asset S&P 500 Top 50 ETF Fund of Fund is an open-ended fund of fund scheme predominantly investing in Mirae Asset S&P 500 Top 50 ETF. Both products have an NFO period of 1st September…

SBI Balanced Advantage Fund is an open-ended dynamic asset allocation fund benchmarked to the CRISIL Hybrid 50+50 – Moderate Index TRI. In this review, we discuss what investors need to know before considering an investment in this NFO. A balanced advantage fund is one that dynamically changes its asset allocation as per market conditions. There…

Nippon India Multi-Asset Fund is an open-ended scheme investing in Equity (including international equity), Debt and Exchange Traded Commodity Derivatives and Gold ETF.  In this review, suggested by Basudeb Roy, we consider if it makes sense to use this fund as the core component of a portfolio. The fund was started in Aug 2020, so…

HDFC NIFTY50 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, Nifty 500 are examples…

Kotak Global Innovation Fund of Fund is an open-ended fund of fund investing in Wellington Global Innovation Fund (or any other similar overseas mutual fund schemes/ETFs). The fund of fund is currently in its NFO period (closing 22n July 2021). The scheme mandate of the underlying fund – Wellington Global Innovation Fund – seeks long-term capital…

DSP US Flexible Equity Fund is an open-ended fund of fund scheme investing in BlackRock Global Funds – US Flexible Equity Fund (the underlying fund). The scheme was launched in Aug 2012 and now has an AUM of about Rs. 474 crores. BlackRock Global Funds – US Flexible Equity Fund has a mandate to invest…