Mutual funds serve as a pool of funds gathered from multiple shareholders, which is then invested in various securities like stocks, bonds, and money market instruments. The responsibility of managing mutual funds falls on professional money managers, who strive to generate capital gains or income for the investors.
To align with the investment objectives specified in the prospectus, mutual funds establish and maintain portfolios. This allows small or individual investors to access well-managed portfolios of stocks, bonds, and other securities.
Shareholders in mutual funds experience proportional sharing in both profits and losses. These funds diversify their investments across a wide range of assets, and their performance is often evaluated based on changes in overall market capitalization derived from the underlying investments’ combined performance.
1. Quant Small Cap Fund Direct Plan
The Quant Small Cap Fund Direct Plan-Growth is a product offered by Quant Mutual Fund. It has been in existence since January 1, 2013, which means it has a track record of 9 years and 11 months. Among the funds in its category, the Quant Tiny Cap Fund Direct Plan-Growth is relatively small, managing assets worth 2,580 Crores as of 30/09/2022.
When it comes to expenses, the fund has a cost ratio of 0.62%, which is considered average for Small Cap funds. Investors considering this fund should keep these factors in mind before making any investment decisions.
2. Axis Small Cap Fund Direct Plan
The Small Cap Fund Direct-Growth offered by Axis Mutual Fund falls under the small-cap mutual fund category. It has a history of operating since November 11, 2013, making it nine years and one month old. In its category, the Axis Small Cap Fund Direct-Growth is considered a medium-sized fund, managing assets worth 11,358 Crores as of September 30, 2022.
Compared to other small-cap funds, this fund boasts a lower cost ratio, charging investors only 0.51%. As potential investors evaluate their options, they may find these attributes noteworthy in their decision-making process.
3. Quant Active Fund Direct Plan
Quant Active Fund-Growth is one of the multi-cap mutual fund plans offered by Quant Mutual Fund. It has a considerable operating history of 21 years and 9 million dollars, having been established on February 19, 2001. Despite its long tenure, Quant Active Fund-Growth is considered a minor fund within its category.
As of September 30, 2022, the fund manages assets worth 3,480 Crores, indicating its standing in the market. However, investors should be aware that the fund’s cost percentage is relatively high at 2.63%, surpassing the expense ratio of several other Multi Cap funds. This aspect may be a crucial factor for investors to consider while making investment decisions.
4. Axis Bluechip Fund DP
Axis Mutual Fund offers the Bluechip Direct Plan-Growth, a mutual fund product classified as a Large Cap fund. The fund’s establishment dates back to January 1, 2013, making it nearly a decade old with 9 years and 11 months of operation.
With assets under management (AUM) worth 36,891 Crores as of September 30, 2022, the Axis Bluechip Fund Direct Plan-Growth falls into the category of medium-sized funds. However, it’s important to note that the expense ratio for this product is relatively higher than what many other large-cap funds charge, sitting at 0.55%.
Prospective investors should consider these aspects while evaluating their options and making informed investment decisions.
5. PGIM India Midcap Opportunities Fund Direct
PGIM India Mutual Fund offers the mutual fund product “PGIM India Midcap Opportunities Fund Direct-Growth,” categorized as a Mid Cap fund. It has been in operation for nine years and one month since its establishment on November 11, 2013.
As of September 30, 2022, the PGIM India Midcap Opportunities Fund Direct-Growth manages assets worth $7,577 Crores, placing it in the category of medium-sized funds. Notably, the fund’s cost ratio is relatively lower at 0.38% compared to the expenses charged by most other Mid Cap funds.
Investors considering this fund may find these details important in their investment decision-making process.
6. Mirae Asset Large Cap Fund
Mirae Asset Mutual Fund provides investors with the opportunity to invest in a large-cap mutual fund product named Mirae Asset Large Cap Fund Direct-Growth. The fund was established on January 1, 2013, accumulating a tenure of 9 years and 11 months.
With assets under management (AUM) amounting to 35,407 Crores as of 30/09/2022, Mirae Asset Large Cap Fund Direct-Growth is considered a medium-sized fund within its sector. However, investors should be aware that the fund’s expense ratio of 0.51% is higher compared to the majority of large-cap funds.
These factors can play a crucial role in investors’ decisions as they evaluate and select mutual fund options.
7. ICICI Prudential Bluechip Fund
ICICI Prudential Mutual Fund offers the ICICI Prudential Bluechip Fund Direct-Growth, classified as a Large Cap mutual fund program. This fund has a history of operating for 9 years and 11 months since its establishment on January 1, 2013.
As of September 30, 2022, the ICICI Prudential Bluechip Fund Direct-Growth manages assets worth 35,929 Crores, placing it in the category of medium-sized funds. It’s worth noting that the fund has a higher cost ratio of 1.07% compared to the majority of other large-cap funds.
Investors considering this fund should take these details into account while making their investment decisions.
8. HDFC Short-Term Debt Fund
HDFC Mutual Fund offers the HDFC Short Term Debt Fund-Growth as a Short Duration mutual fund strategy. This fund has been operational for 12 years and 5 months, having been established on June 21, 2010.
As of September 30, 2022, the HDFC Short Term Debt Fund-Growth manages assets worth $12,248 Crores, positioning it as a medium-sized fund within its sector. However, investors should be aware that the fund’s cost ratio of 0.74% is higher compared to the expenses charged by most other Short Duration funds.
Considering these aspects can be crucial for investors as they assess and select mutual fund options that align with their financial goals.
9. Kotak Small Cap Fund
Kotak Mahindra Mutual Fund offers the mutual fund strategy “Kotak Small Cap Fund Direct-Growth,” which falls under the small-cap category. This fund has a history of being operational for 9 years and 11 months since its establishment on January 1, 2013.
With assets under management (AUM) totaling 8,498 Crores as of 30/09/2022, the Kotak Small Cap Fund Direct-Growth is considered a medium-sized fund within its category. Investors may find this aspect relevant while evaluating their investment choices.
Furthermore, the fund’s cost ratio is relatively lower compared to the expenses charged by most other small-cap funds, standing at 0.59%. This detail could be of significance to potential investors as they make informed decisions about their investments.
10. SBI Small Cap Fund DP
SBI Mutual Fund provides investors with a small-cap mutual fund product known as SBI Small Cap Fund-Growth. This fund has a long operating history, having been established on July 27, 2009, making it 13 years and 4 months old.
As of September 30, 2022, the SBI Small Cap Fund-Growth manages assets worth 15,335 Crores, making it a medium-sized fund within its category. However, investors should note that the fund’s cost ratio is relatively higher at 1.85% compared to the expenses charged by most other Small Cap funds.
These details are important for investors to consider while evaluating their investment options and making informed decisions.
