Topic 4: QUARTERLY UPDATE ON MUTUAL FUND SELECTION

Choosing the right mutual fund is one of the most critical and challenging decisions an investor/advisor must make. Our focus here is on ‘choosing right’ over ‘choosing the best performing’ as we believe it would be impossible for anyone to predict the best performing mutual funds consistently.

The question then arises which are the right mutual funds to be considered for investing. We follow the analytical approach for recommending funds, focusing on three tenets viz. past performance, the manager’s ability to identify trends in the market, and their stock-picking ability. We perform the entire process of fund selection every quarter to check for any deviation in our recommended funds.

The table below lists our recommended funds across different categories based on the March-end data.

Mutual Fund Ranking

Quarter Rank

Final Rank

Quant

Skill

Sector Contribution

Large cap (total 27 funds)

Axis Bluechip Fund-Reg(G)

2

2

1

2

Mirae Asset Large Cap Fund-Reg(G)

3

1

1

4

Canara Rob Bluechip Equity Fund-Reg(G)

2

2

4

9

 

 

 

 

 

Multicap with Large cap bias (total 34 funds)

JM Flexicap Fund-Reg(G)

2

1

1

1

Sundaram Focused Fund(G)

2

1

3

5

Axis Focused 25 Fund-Reg(G)

3

2

1

7

UTI Dividend Yield Fund-Reg(G)

2

2

4

11

DSP Flexi Cap Fund-Reg(G)*

3

4

2

26

 

 

 

 

 

Multicap (total 47 funds)

Parag Parikh Flexi Cap Fund-Reg(G)

1

1

1

1

Mirae Asset Emerging Bluechip-Reg(G)

2

1

1

2

SBI Focused Equity Fund-Reg(G)

2

2

1

3

Nippon India Focused Equity Fund(G)

3

2

1

8

Kotak Equity Opp Fund(G)

3

1

3

17

 

 

 

 

 

Midcap (total 21 funds)

Axis Midcap Fund-Reg(G)

1

1

2

1

DSP Midcap Fund-Reg(G)

2

2

3

3

Invesco India Midcap Fund(G)

2

3

4

12

 

 

 

 

 

Small cap (total 14 funds)

Union Small Cap Fund-Reg(G)

2

1

2

2

Axis Small Cap Fund-Reg(G)

2

1

2

2

 

 

 

 

 

ELSS (total 34 funds)

Mirae Asset Tax Saver Fund-Reg(G)

2

1

1

1

Axis Long Term Equity Fund-Reg(G)

2

2

1

2

Baroda BNP Paribas ELSS Fund-Reg(G)

2

2

1

2

Motilal Oswal Long Term Equity Fund-Reg(G)

3

3

1

13

Canara Rob Equity Tax Saver Fund-Reg(G)*

2

3

4

21
*Under Review
After being in review for couple of quarters, LIC MF Large & Midcap Fund-Reg(G) has been removed from the list of recommended funds

Top | Back
The information contained herein (the “Information”) may not be reproduced or disseminated in whole or in part without prior written permission from the Company. The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The document has been prepared based on publicly available information, internally developed data and other sources believed to be reliable. The directors, employees, affiliates or representatives (“Entities & their affiliates”) do not assume any responsibility for, or warrant the accuracy, completeness, adequacy, reliability and is not responsible for any errors or omissions or for the results obtained from the use of such information. Readers are advised to rely on their own analysis, interpretations & investigations. Certain statements made in this presentation may not be based on historical information or facts and may be forward looking statements including those relating to general business plans and strategy, future financial condition and growth prospects, and future developments in industries and competitive and regulatory environments. Although the Company believes that the expectations reflected in such forward looking statements are reasonable, they do involve several assumptions, risks, and uncertainties. Readers are also advised to seek independent professional advice to arrive at an informed investment decision. Entities & their affiliates including persons involved in the preparation or issuance of this document shall not be liable in any way for direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of the lost profits arising from the information contained in this material. Readers alone shall be fully responsible for any decision taken based on this document.
Copyright © 2022 Fintso