DSIJ Mindshare

In the vibrant world of Asset Management Companies (AMCs), these top 3 AMCs control over 41 per cent of the market share in India.

The scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity-related instruments of companies engaged in the manufacturing theme.

In terms of SIP, a monthly investment of Rs 10,000 since inception would amount to a total investment of Rs 3.7 lakh. As of January 31, 2024, the value of that investment would have grown to Rs 5.48 lakh, i.e. a CAGR of 26.5 per cent. A similar investment in the benchmark would have yielded a CAGR of 20.8 per cent for the same period.

Investment in this scheme is accessible to all, with a minimum SIP amount set at Rs 500, making it inclusive and appealing to a broad spectrum of investors. Delving deeper into its asset allocation, as of January 31, 2024, the fund has strategically allocated 93.43 per cent of its assets in equity, with the remaining 6.57 per cent parked in cash and cash equivalents.

The investment objective of the scheme is to seek long-term capital growth by predominantly investing in equity and equity related securities, debt & money market instruments and Gold ETF.