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Diversified Funds, also known as multi cap funds are a class of Equity Funds. Investors with a high-risk appetite who wish to take an exposure in equities usually incline towards Investing in diversified funds. As, diversified funds invest across Market caps such as – large cap, mid cap & small cap.
Multi cap, flexi cap or diversified schemes are supposed to invest across stocks in different market capitalisation based on the view of the fund manager. The allocation to each market cap varies from scheme to scheme. Some schemes have a fixed proportion and some change it dynamically depending on the market conditions.
These Mutual Funds adopt a Value investing strategy where they purchase the stocks of companies that are relatively lower in comparison to their past performance, Book Value, Earnings, and other value parameters.
By investing in the Best Diversified Equity Funds, investors can earn slightly more stable returns, however, they would still be affected by the Volatility of equities during a turbulent market condition. Diversified funds are good for investors who are not willing to take much risk to invest in small stocks, but nevertheless wants a kick of extra high return from emerging stocks. One should invest in diversified equity funds in case person has low to moderate risk profile.
To make the process of selecting a good diversified equity fund easy, we have listed essential parameters, along with some pre-selected top & best diversified equity funds – that investors can take into account during their investing journey.
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Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) Nippon India Multi Cap Fund Growth ₹180.87
↑ 0.86 ₹15,088 11.1 5.8 24.8 37.3 14.9 14.1 HDFC Equity Fund Growth ₹1,201.03
↑ 6.00 ₹33,222 7.3 1.5 19.5 32.5 14.6 18.3 Mahindra Badhat Yojana Growth ₹21.8839
↑ 0.11 ₹1,633 9.4 0.5 12.2 29.2 15.4 1.6 Baroda Pioneer Multi Cap Fund Growth ₹182.31
↑ 0.50 ₹1,678 8.1 2.7 15.4 28.7 13.2 -3 Franklin India Equity Fund Growth ₹1,035.72
↑ 2.28 ₹10,370 7.4 -1.2 13.6 28.4 12.4 5.3 Parag Parikh Long Term Equity Fund Growth ₹54.2828
↑ 0.26 ₹33,616 11.4 9.7 17.2 28.2 18.1 -7.2 PGIM India Diversified Equity Fund Growth ₹26.43
↑ 0.06 ₹5,457 7.8 0.3 11.1 27.7 15 -6.4 ICICI Prudential Multicap Fund Growth ₹493.9
↑ 3.12 ₹7,173 8.1 2.3 17.5 27.2 12.5 4.7 Principal Multi Cap Growth Fund Growth ₹246.339
↑ 0.93 ₹1,851 6.9 -0.3 11 27.1 11.5 -1.6 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 Jun 23 multicap
mutual funds with AUM/Net Assets > 500 Crore
, sorted on 3 Year CAGR Returns
.
(Erstwhile Reliance Equity Opportunities Fund) The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Multi Cap Fund is a Equity - Multi Cap fund was launched on 28 Mar 05. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Multi Cap Fund Returns up to 1 year are on Aims at providing capital appreciation through investments predominantly in equity oriented securities HDFC Equity Fund is a Equity - Multi Cap fund was launched on 1 Jan 95. It is a fund with Moderately High risk and has given a Below is the key information for HDFC Equity Fund Returns up to 1 year are on The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved. Mahindra Badhat Yojana is a Equity - Multi Cap fund was launched on 11 May 17. It is a fund with Moderately High risk and has given a Below is the key information for Mahindra Badhat Yojana Returns up to 1 year are on (Erstwhile Baroda Pioneer Growth Fund) To generate long term capital appreciation from an actively managed portfolio of equity & equity related instruments. Baroda Pioneer Multi Cap Fund is a Equity - Multi Cap fund was launched on 12 Sep 03. It is a fund with Moderately High risk and has given a Below is the key information for Baroda Pioneer Multi Cap Fund Returns up to 1 year are on (Erstwhile Franklin India Prima Plus) The investment objective of Prima Plus is to provide growth of capital plus regular dividend through a diversified portfolio of equities, fixed income securities and money market instruments. Franklin India Equity Fund is a Equity - Multi Cap fund was launched on 29 Sep 94. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Equity Fund Returns up to 1 year are on (Erstwhile Parag Parikh Long Term Value Fund) The investment objective of the scheme is to seek to generate long-term capital growth from an actively managed portfolio primarily of equity and equity related securities. Parag Parikh Long Term Equity Fund is a Equity - Multi Cap fund was launched on 24 May 13. It is a fund with Moderately High risk and has given a Below is the key information for Parag Parikh Long Term Equity Fund Returns up to 1 year are on To generate income & capital appreciation by predominantly investing in an actively managed diversified portfolio of equity & equity related instruments including derivatives. PGIM India Diversified Equity Fund is a Equity - Multi Cap fund was launched on 4 Mar 15. It is a fund with Moderately High risk and has given a Below is the key information for PGIM India Diversified Equity Fund Returns up to 1 year are on To generate capital appreciation through investments in equity and equity related securities in core sectors and associated feeder industries. ICICI Prudential Multicap Fund is a Equity - Multi Cap fund was launched on 1 Oct 94. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Multicap Fund Returns up to 1 year are on (Erstwhile Principal Growth Fund) The primary investment objective of the scheme is to achieve long-term capital appreciation. Principal Multi Cap Growth Fund is a Equity - Multi Cap fund was launched on 25 Oct 00. It is a fund with Moderately High risk and has given a Below is the key information for Principal Multi Cap Growth Fund Returns up to 1 year are on 1. Nippon India Multi Cap Fund
CAGR/Annualized
return of 17.3% since its launch. Ranked 63 in Multi Cap
category. Return for 2022 was 14.1% , 2021 was 48.9% and 2020 was 0% . Nippon India Multi Cap Fund
Growth Launch Date 28 Mar 05 NAV (02 Jun 23) ₹180.87 ↑ 0.86 (0.48 %) Net Assets (Cr) ₹15,088 on 30 Apr 23 Category Equity - Multi Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 1.91 Sharpe Ratio 0.49 Information Ratio 0.53 Alpha Ratio 8.23 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹11,178 31 May 20 ₹7,302 31 May 21 ₹13,254 31 May 22 ₹15,746 31 May 23 ₹19,701 Returns for Nippon India Multi Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 6.1% 3 Month 11.1% 6 Month 5.8% 1 Year 24.8% 3 Year 37.3% 5 Year 14.9% 10 Year 15 Year Since launch 17.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 14.1% 2021 48.9% 2020 0% 2019 2.2% 2018 -2.2% 2017 40.9% 2016 -6.7% 2015 0.5% 2014 59.7% 2013 4.6% Fund Manager information for Nippon India Multi Cap Fund
Name Since Tenure Sailesh Raj Bhan 31 Mar 05 18.1 Yr. Ashutosh Bhargava 1 Sep 21 1.66 Yr. Kinjal Desai 25 May 18 4.94 Yr. Akshay Sharma 1 Dec 22 0.41 Yr. Data below for Nippon India Multi Cap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 29.14% Industrials 20.38% Consumer Cyclical 19.18% Health Care 7.72% Basic Materials 6.35% Technology 5.9% Energy 3.53% Consumer Defensive 2.99% Communication Services 2.7% Utility 0.59% Asset Allocation
Asset Class Value Cash 1.3% Equity 98.7% Top Securities Holdings / Portfolio
Name Holding Value Quantity Linde India Ltd (Basic Materials)
Equity, Since 31 May 13 | LINDEINDIA5% ₹707 Cr 1,774,811 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹642 Cr 7,000,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 10 | HDFCBANK4% ₹608 Cr 3,600,448 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | RELIANCE4% ₹533 Cr 2,200,000
↑ 500,000 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 15 | 5322153% ₹516 Cr 6,000,121 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 May 14 | INDHOTEL3% ₹509 Cr 15,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 10 | LT3% ₹473 Cr 2,000,000 EIH Ltd Shs Dematerialised (Consumer Cyclical)
Equity, Since 31 Jul 14 | EIHOTEL3% ₹469 Cr 24,869,918 State Bank of India (Financial Services)
Equity, Since 31 Mar 05 | SBIN3% ₹463 Cr 8,000,000
↑ 2,000,000 Kennametal India Ltd (Industrials)
Equity, Since 31 Mar 13 | KENNAMET3% ₹462 Cr 2,026,242 2. HDFC Equity Fund
CAGR/Annualized
return of 18.4% since its launch. Ranked 34 in Multi Cap
category. Return for 2022 was 18.3% , 2021 was 36.2% and 2020 was 6.4% . HDFC Equity Fund
Growth Launch Date 1 Jan 95 NAV (02 Jun 23) ₹1,201.03 ↑ 6.00 (0.50 %) Net Assets (Cr) ₹33,222 on 30 Apr 23 Category Equity - Multi Cap AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.74 Sharpe Ratio 0.55 Information Ratio 0.75 Alpha Ratio 8.67 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹11,374 31 May 20 ₹8,158 31 May 21 ₹14,304 31 May 22 ₹16,292 31 May 23 ₹19,534 Returns for HDFC Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 3.1% 3 Month 7.3% 6 Month 1.5% 1 Year 19.5% 3 Year 32.5% 5 Year 14.6% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 18.3% 2021 36.2% 2020 6.4% 2019 6.8% 2018 -3.5% 2017 36.9% 2016 7.3% 2015 -5.1% 2014 53.8% 2013 3.8% Fund Manager information for HDFC Equity Fund
Name Since Tenure Roshi Jain 29 Jul 22 0.76 Yr. Priya Ranjan 1 May 22 1 Yr. Data below for HDFC Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 37.04% Industrials 10.9% Technology 10.65% Health Care 9.12% Consumer Cyclical 6.4% Utility 6.32% Energy 5.86% Communication Services 5.57% Real Estate 0.84% Consumer Defensive 0.67% Basic Materials 0.57% Asset Allocation
Asset Class Value Cash 6.07% Equity 93.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK10% ₹3,239 Cr 35,300,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 13 | HDFCBANK6% ₹2,025 Cr 12,000,000 State Bank of India (Financial Services)
Equity, Since 31 Jan 03 | SBIN6% ₹1,937 Cr 33,500,000 Infosys Ltd (Technology)
Equity, Since 31 Oct 08 | INFY5% ₹1,541 Cr 12,300,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 20 | BHARTIARTL5% ₹1,529 Cr 19,125,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Nov 16 | NTPC4% ₹1,465 Cr 85,200,000 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH4% ₹1,437 Cr 13,500,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Aug 20 | HAL4% ₹1,372 Cr 4,700,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Dec 20 | M&M4% ₹1,352 Cr 11,015,879
↑ 15,879 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 22 | HDFC4% ₹1,249 Cr 4,500,000 3. Mahindra Badhat Yojana
CAGR/Annualized
return of 13.8% since its launch. Return for 2022 was 1.6% , 2021 was 50.8% and 2020 was 16.6% . Mahindra Badhat Yojana
Growth Launch Date 11 May 17 NAV (02 Jun 23) ₹21.8839 ↑ 0.11 (0.49 %) Net Assets (Cr) ₹1,633 on 30 Apr 23 Category Equity - Multi Cap AMC Mahindra Asset Management Company Pvt. Ltd. Rating Risk Moderately High Expense Ratio 2.39 Sharpe Ratio -0.22 Information Ratio -0.47 Alpha Ratio -2.62 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,329 31 May 20 ₹9,135 31 May 21 ₹16,094 31 May 22 ₹18,024 31 May 23 ₹20,264 Returns for Mahindra Badhat Yojana
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 5.3% 3 Month 9.4% 6 Month 0.5% 1 Year 12.2% 3 Year 29.2% 5 Year 15.4% 10 Year 15 Year Since launch 13.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.6% 2021 50.8% 2020 16.6% 2019 13.8% 2018 -9.9% 2017 2016 2015 2014 2013 Fund Manager information for Mahindra Badhat Yojana
Name Since Tenure Manish Lodha 21 Dec 20 2.36 Yr. Fatema Pacha 16 Oct 20 2.54 Yr. Data below for Mahindra Badhat Yojana as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 23.46% Industrials 21.82% Technology 12.52% Consumer Cyclical 11.4% Basic Materials 7.18% Energy 6.97% Health Care 6.42% Communication Services 5.31% Real Estate 1.36% Utility 0.95% Asset Allocation
Asset Class Value Cash 2.61% Equity 97.39% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | HDFCBANK8% ₹138 Cr 818,400
↑ 30,000 Reliance Industries Ltd (Energy)
Equity, Since 28 Feb 23 | RELIANCE5% ₹89 Cr 368,000 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY4% ₹66 Cr 527,850 LTIMindtree Ltd (Technology)
Equity, Since 30 Nov 22 | LTIM3% ₹48 Cr 109,035 Bharat Forge Ltd (Consumer Cyclical)
Equity, Since 31 Jul 22 | BHARATFORG3% ₹41 Cr 513,000 Tata Motors Ltd Class A (Consumer Cyclical)
Equity, Since 30 Apr 23 | TATAMTRDVR2% ₹37 Cr 1,487,613
↑ 1,487,613 IndusInd Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | INDUSINDBK2% ₹37 Cr 319,500 Tech Mahindra Ltd (Technology)
Equity, Since 31 Dec 21 | TECHM2% ₹36 Cr 351,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Aug 22 | KIRLOSENG2% ₹35 Cr 900,000 Kaynes Technology India Ltd (Industrials)
Equity, Since 30 Nov 22 | KAYNES2% ₹35 Cr 351,000 4. Baroda Pioneer Multi Cap Fund
CAGR/Annualized
return of 15.9% since its launch. Ranked 37 in Multi Cap
category. Return for 2022 was -3% , 2021 was 47.9% and 2020 was 19.5% . Baroda Pioneer Multi Cap Fund
Growth Launch Date 12 Sep 03 NAV (02 Jun 23) ₹182.31 ↑ 0.50 (0.27 %) Net Assets (Cr) ₹1,678 on 30 Apr 23 Category Equity - Multi Cap AMC Baroda Pioneer Asset Management Co. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.37 Sharpe Ratio -0.06 Information Ratio -0.44 Alpha Ratio -0.16 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,192 31 May 20 ₹8,404 31 May 21 ₹14,216 31 May 22 ₹15,911 31 May 23 ₹18,390 Returns for Baroda Pioneer Multi Cap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 4.6% 3 Month 8.1% 6 Month 2.7% 1 Year 15.4% 3 Year 28.7% 5 Year 13.2% 10 Year 15 Year Since launch 15.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 -3% 2021 47.9% 2020 19.5% 2019 8.9% 2018 -11.9% 2017 36.8% 2016 2.3% 2015 -1.6% 2014 46.5% 2013 3.6% Fund Manager information for Baroda Pioneer Multi Cap Fund
Name Since Tenure Sanjay Chawla 1 Nov 15 7.5 Yr. Sandeep Jain 14 Mar 22 1.13 Yr. Data below for Baroda Pioneer Multi Cap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 19.31% Consumer Cyclical 13.95% Basic Materials 12.02% Health Care 11.03% Industrials 10.69% Technology 8.56% Consumer Defensive 6.07% Energy 3.97% Utility 3.26% Real Estate 2.79% Communication Services 2.58% Asset Allocation
Asset Class Value Cash 4.96% Equity 95.04% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | HDFCBANK5% ₹80 Cr 475,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 17 | ICICIBANK5% ₹79 Cr 864,815 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE4% ₹67 Cr 275,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Nov 20 | SUNPHARMA3% ₹48 Cr 490,000 J.B. Chemicals & Pharmaceuticals Ltd Shs Dematerialised (Healthcare)
Equity, Since 30 Jun 21 | JBCHEPHARM3% ₹47 Cr 219,384 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 Jan 23 | TCS3% ₹46 Cr 143,000 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 22 | INDHOTEL2% ₹41 Cr 1,200,000 Dalmia Bharat Ltd (Basic Materials)
Equity, Since 30 Sep 20 | DALBHARAT2% ₹36 Cr 181,000 Rainbow Childrens Medicare Ltd (Healthcare)
Equity, Since 30 Apr 22 | 5435242% ₹36 Cr 455,345
↑ 5,439 State Bank of India (Financial Services)
Equity, Since 31 May 22 | SBIN2% ₹35 Cr 600,000 5. Franklin India Equity Fund
CAGR/Annualized
return of 17.6% since its launch. Ranked 50 in Multi Cap
category. Return for 2022 was 5.3% , 2021 was 40.3% and 2020 was 16% . Franklin India Equity Fund
Growth Launch Date 29 Sep 94 NAV (02 Jun 23) ₹1,035.72 ↑ 2.28 (0.22 %) Net Assets (Cr) ₹10,370 on 30 Apr 23 Category Equity - Multi Cap AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 0.11 Information Ratio 0.59 Alpha Ratio 2.23 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,303 31 May 20 ₹8,145 31 May 21 ₹14,176 31 May 22 ₹15,673 31 May 23 ₹17,833 Returns for Franklin India Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 3.3% 3 Month 7.4% 6 Month -1.2% 1 Year 13.6% 3 Year 28.4% 5 Year 12.4% 10 Year 15 Year Since launch 17.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.3% 2021 40.3% 2020 16% 2019 3.3% 2018 -4.4% 2017 30.6% 2016 5% 2015 4.4% 2014 56.8% 2013 5.5% Fund Manager information for Franklin India Equity Fund
Name Since Tenure Anand Radhakrishnan 1 Feb 11 12.25 Yr. R. Janakiraman 1 Feb 11 12.25 Yr. Sandeep Manam 18 Oct 21 1.53 Yr. Data below for Franklin India Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 32.14% Industrials 12.42% Consumer Cyclical 10.79% Technology 9.55% Consumer Defensive 8.43% Basic Materials 6.19% Utility 5.18% Communication Services 5.16% Energy 4.02% Health Care 1.24% Asset Allocation
Asset Class Value Cash 4.9% Equity 95.1% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 11 | HDFCBANK9% ₹928 Cr 5,500,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK9% ₹918 Cr 10,000,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 13 | LT6% ₹591 Cr 2,500,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 06 | BHARTIARTL5% ₹536 Cr 6,700,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 12 | INFY5% ₹526 Cr 4,200,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 14 | AXISBANK5% ₹516 Cr 6,000,000 State Bank of India (Financial Services)
Equity, Since 31 Aug 15 | SBIN4% ₹367 Cr 6,350,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 13 | HCLTECH3% ₹298 Cr 2,800,000 Grasim Industries Ltd (Basic Materials)
Equity, Since 31 Jan 19 | GRASIM3% ₹296 Cr 1,720,000 United Spirits Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Aug 19 | MCDOWELL-N3% ₹272 Cr 3,500,000 6. Parag Parikh Long Term Equity Fund
CAGR/Annualized
return of 18.4% since its launch. Ranked 34 in Multi Cap
category. Return for 2022 was -7.2% , 2021 was 45.5% and 2020 was 32.3% . Parag Parikh Long Term Equity Fund
Growth Launch Date 24 May 13 NAV (02 Jun 23) ₹54.2828 ↑ 0.26 (0.49 %) Net Assets (Cr) ₹33,616 on 30 Apr 23 Category Equity - Multi Cap AMC PPFAS Asset Management Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.84 Sharpe Ratio 0.31 Information Ratio 0.46 Alpha Ratio 4.35 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (2%),365-730 Days (1%),730 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,586 31 May 20 ₹10,611 31 May 21 ₹17,630 31 May 22 ₹19,695 31 May 23 ₹22,970 Returns for Parag Parikh Long Term Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 3.9% 3 Month 11.4% 6 Month 9.7% 1 Year 17.2% 3 Year 28.2% 5 Year 18.1% 10 Year 15 Year Since launch 18.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 -7.2% 2021 45.5% 2020 32.3% 2019 14.4% 2018 -0.4% 2017 29.4% 2016 3.3% 2015 8.9% 2014 44.8% 2013 Fund Manager information for Parag Parikh Long Term Equity Fund
Name Since Tenure Raj Mehta 27 Jan 16 7.26 Yr. Rajeev Thakkar 24 May 13 9.94 Yr. Raunak Onkar 24 May 13 9.94 Yr. Rukun Tarachandani 16 May 22 0.96 Yr. Data below for Parag Parikh Long Term Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 34.92% Technology 11.81% Communication Services 8.35% Consumer Defensive 7.78% Consumer Cyclical 7.54% Energy 5.31% Utility 4.5% Health Care 3.82% Basic Materials 1.17% Industrials 0.04% Asset Allocation
Asset Class Value Cash 14.43% Equity 85.25% Debt 0.32% Top Securities Holdings / Portfolio
Name Holding Value Quantity Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFC8% ₹2,671 Cr 9,622,504 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Mar 20 | ITC8% ₹2,583 Cr 60,698,959 Bajaj Holdings and Investment Ltd (Financial Services)
Equity, Since 31 Oct 16 | BAJAJHLDNG7% ₹2,480 Cr 3,621,934
↑ 13,266 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 14 | ICICIBANK6% ₹1,992 Cr 21,705,898 Microsoft Corp (Technology)
Equity, Since 30 Apr 20 | MSF5% ₹1,802 Cr 722,279
↑ 6,930 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 13 | AXISBANK5% ₹1,679 Cr 19,524,011 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 21 | HCLTECH5% ₹1,640 Cr 15,414,083
↑ 565,000 Alphabet Inc Class A (Communication Services)
Equity, Since 31 May 21 | GOOGL5% ₹1,622 Cr 1,841,837
↑ 38,270 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 30 Sep 21 | POWERGRID5% ₹1,513 Cr 63,775,637 Coal India Ltd (Energy)
Equity, Since 31 May 22 | 5332784% ₹1,478 Cr 63,419,428
↓ -5,040,000 7. PGIM India Diversified Equity Fund
CAGR/Annualized
return of 12.5% since its launch. Return for 2022 was -6.4% , 2021 was 43.5% and 2020 was 35.9% . PGIM India Diversified Equity Fund
Growth Launch Date 4 Mar 15 NAV (02 Jun 23) ₹26.43 ↑ 0.06 (0.23 %) Net Assets (Cr) ₹5,457 on 30 Apr 23 Category Equity - Multi Cap AMC Pramerica Asset Managers Private Limited Rating Risk Moderately High Expense Ratio 2.23 Sharpe Ratio -0.29 Information Ratio 0.3 Alpha Ratio -3.51 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,375 31 May 20 ₹9,257 31 May 21 ₹16,974 31 May 22 ₹17,785 31 May 23 ₹19,895 Returns for PGIM India Diversified Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 4.8% 3 Month 7.8% 6 Month 0.3% 1 Year 11.1% 3 Year 27.7% 5 Year 15% 10 Year 15 Year Since launch 12.5% Historical performance (Yearly) on absolute basis
Year Returns 2022 -6.4% 2021 43.5% 2020 35.9% 2019 10% 2018 -7.9% 2017 36.6% 2016 -0.6% 2015 2014 2013 Fund Manager information for PGIM India Diversified Equity Fund
Name Since Tenure Vinay Paharia 1 Apr 23 0.08 Yr. Puneet Pal 1 Apr 23 0.08 Yr. A. Anandha Padmanabhan 1 Jun 21 1.92 Yr. Ojasvi Khicha 1 Apr 23 0.08 Yr. Data below for PGIM India Diversified Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 30.78% Consumer Cyclical 11.62% Industrials 10.89% Energy 7.63% Consumer Defensive 7.21% Technology 7.01% Basic Materials 6.29% Health Care 6.27% Utility 5.44% Asset Allocation
Asset Class Value Cash 6.86% Equity 93.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE8% ₹416 Cr 1,720,000
↑ 770,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFC7% ₹407 Cr 1,465,300
↑ 840,300 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | ICICIBANK7% ₹396 Cr 4,311,000
↓ -1,244,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹272 Cr 1,609,500
↑ 535,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY5% ₹267 Cr 2,134,043
↑ 955,300 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Dec 22 | VBL3% ₹180 Cr 1,242,500 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Dec 22 | HINDUNILVR3% ₹160 Cr 650,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Sep 22 | MAXHEALTH3% ₹159 Cr 3,453,663 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Aug 22 | NTPC3% ₹151 Cr 8,750,000 ABB India Ltd (Industrials)
Equity, Since 31 May 22 | ABB2% ₹115 Cr 336,351
↓ -249,300 8. ICICI Prudential Multicap Fund
CAGR/Annualized
return of 14.6% since its launch. Ranked 49 in Multi Cap
category. Return for 2022 was 4.7% , 2021 was 36.4% and 2020 was 9.2% . ICICI Prudential Multicap Fund
Growth Launch Date 1 Oct 94 NAV (02 Jun 23) ₹493.9 ↑ 3.12 (0.64 %) Net Assets (Cr) ₹7,173 on 30 Apr 23 Category Equity - Multi Cap AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 0.12 Information Ratio -0.66 Alpha Ratio 2.36 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-18 Months (1%),18 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,946 31 May 20 ₹8,446 31 May 21 ₹14,262 31 May 22 ₹15,250 31 May 23 ₹17,871 Returns for ICICI Prudential Multicap Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 5.1% 3 Month 8.1% 6 Month 2.3% 1 Year 17.5% 3 Year 27.2% 5 Year 12.5% 10 Year 15 Year Since launch 14.6% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.7% 2021 36.4% 2020 9.2% 2019 6% 2018 0.2% 2017 28% 2016 10.1% 2015 3.1% 2014 49.8% 2013 6.4% Fund Manager information for ICICI Prudential Multicap Fund
Name Since Tenure Sankaran Naren 1 Jul 22 0.83 Yr. Anand Sharma 1 Jul 22 0.83 Yr. Sharmila D’mello 31 Jul 22 0.75 Yr. Data below for ICICI Prudential Multicap Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 23.63% Consumer Cyclical 18.22% Industrials 15.38% Communication Services 6.93% Energy 6.07% Technology 5.58% Health Care 5.32% Utility 3.66% Basic Materials 3.53% Consumer Defensive 3.48% Real Estate 1.09% Asset Allocation
Asset Class Value Cash 6.27% Equity 93.72% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK6% ₹462 Cr 5,033,684
↓ -265,300 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 20 | RELIANCE4% ₹267 Cr 1,102,284 Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY3% ₹241 Cr 1,922,766
↑ 118,320 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Oct 22 | NTPC2% ₹172 Cr 10,004,099
↑ 632,738 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 17 | SUNPHARMA2% ₹153 Cr 1,545,977
↓ -208,390 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 18 | BHARTIARTL2% ₹147 Cr 1,842,016
↓ -190,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | HDFCBANK2% ₹141 Cr 834,602
↓ -469,816 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 30 Sep 22 | MARUTI2% ₹141 Cr 163,731 UNO Minda Ltd (Consumer Cyclical)
Equity, Since 31 Aug 19 | UNOMINDA2% ₹138 Cr 2,655,799 Cummins India Ltd (Industrials)
Equity, Since 31 Jan 22 | CUMMINSIND2% ₹138 Cr 874,727
↑ 93,130 9. Principal Multi Cap Growth Fund
CAGR/Annualized
return of 15.2% since its launch. Ranked 12 in Multi Cap
category. Return for 2022 was -1.6% , 2021 was 46.3% and 2020 was 15% . Principal Multi Cap Growth Fund
Growth Launch Date 25 Oct 00 NAV (02 Jun 23) ₹246.339 ↑ 0.93 (0.38 %) Net Assets (Cr) ₹1,851 on 30 Apr 23 Category Equity - Multi Cap AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 2.33 Sharpe Ratio -0.26 Information Ratio -0.87 Alpha Ratio -2.96 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,089 31 May 20 ₹8,009 31 May 21 ₹13,456 31 May 22 ₹15,292 31 May 23 ₹16,987 Returns for Principal Multi Cap Growth Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 2 Jun 23 Duration Returns 1 Month 4.1% 3 Month 6.9% 6 Month -0.3% 1 Year 11% 3 Year 27.1% 5 Year 11.5% 10 Year 15 Year Since launch 15.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1.6% 2021 46.3% 2020 15% 2019 3.9% 2018 -8.7% 2017 48.7% 2016 6.4% 2015 2.8% 2014 49.4% 2013 8.3% Fund Manager information for Principal Multi Cap Growth Fund
Name Since Tenure Ratish Varier 1 Jan 22 1.33 Yr. Sudhir Kedia 1 Jan 22 1.33 Yr. Data below for Principal Multi Cap Growth Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 28.69% Industrials 17.77% Consumer Cyclical 11.67% Basic Materials 10.49% Health Care 7.39% Technology 5.9% Consumer Defensive 4.73% Energy 4.04% Communication Services 3.71% Utility 2.26% Real Estate 1.84% Asset Allocation
Asset Class Value Cash 1.48% Equity 98.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK6% ₹108 Cr 1,174,228 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK5% ₹89 Cr 530,246 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN4% ₹78 Cr 1,357,380 Reliance Industries Ltd (Energy)
Equity, Since 31 Jan 05 | RELIANCE4% ₹75 Cr 308,999
↓ -113,956 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY4% ₹75 Cr 596,069
↑ 72,614 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | AXISBANK3% ₹52 Cr 610,098 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 31 Dec 21 | NAVINFLUOR3% ₹51 Cr 105,931
↑ 10,211 KSB Ltd (Industrials)
Equity, Since 31 Jul 22 | KSB2% ₹45 Cr 199,452 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Dec 21 | HINDUNILVR2% ₹42 Cr 172,869 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Mar 23 | NTPC2% ₹42 Cr 2,433,441
↑ 1,749,441
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An ideal diversified fund should pass through the below mentioned parameters:
One of the most basic forms of benchmarking involves comparing a fund within the similar category. When evaluating a Large cap fund, you should compare its returns with other matching large cap diversified equity funds. Comparing it with mid-cap diversified equity funds will not give an accurate result as the risk and reward relation between both large cap & mid cap funds are not comparable. Diversified funds, as the same goes invest across market caps and hence one should compare them with funds with a similar mandate.
An additional Factor in evaluating a diversified fund is the timeframe. As equities are equipped to deliver returns over longer time frames (above 5 years), investments in diversified funds should be made for a long-term period. Evaluating a diversified fund over a longer time frame will help you to gauge its performance during a boom-and-bust cycle. Investors can analyze the consistency of the returns of a diversified fund by reviewing its performances during different market phases along with the category average. Having said this, establishing the correct Peer Group is important, this forms the Basis for comparison for returns, volatility and thus helps in final funds selection.
It is compulsory for every diversified fund to mention a benchmark index in its offer document. This benchmark index is an indicator to judge if the diversified fund has performed well. While evaluating the performance of a diversified fund, investors should take into account longer time cycles of 3 years, 5 years or even 10 years. Those funds that outperform their benchmark indices constantly, should be considered for investment.
Apart from the benchmark index evaluation, investors should also evaluate the historical performance of a fund. In the long term, many diversified funds tend to plunge during the market downturn and even below their benchmark indices and category average. Only a few tend to sustain their performances in all market conditions. Picking a fund that performs well in upturns and downturns well is important, else you will end up with a fund that may do well, but only to see later that all returns get wiped out in a downturn.Thus, an investor should make sure that they include the most consistent performers in their Portfolio.
Before investing, one must do a risk-return analysis of a diversified fund. To do so, one must look at some of the important ratios, such as:
Alpha is a measure of diversified fund’s performance on a risk-adjusted basis. It measures on how much the fund or stock has performed in the general market on a risk adjusted basis. A positive alpha of 1 means that the fund has outperformed its benchmark index by 1%, while a negative alpha of -1 would indicate that the fund has produced 1% lower returns than its market benchmark. So, basically, an investor’s strategy should be to buy securities or mutual funds with positive alpha.
Beta measures volatility of a diversified fund compared to its benchmark index. Beta is denoted in positive or negative figures. A beta of 1 signifies that the stock’s price or mutual fund NAV moves in line with the market. A beta of a greater than 1 designates that the stock is riskier than the market, and a beta of less than 1 means that the stock is less risky than the market. So, lower beta is better in a falling market. In a rising market, high-beta is better.
SD is a statistical measure representing the volatility or risk in a fund. The higher the SD, higher will be the fluctuations in the returns. Ideally, investors look for funds with a lower Standard Deviation.
Sharpe Ratio measures returns (both negative & positive) with respect to the risk taken. Here the risk is defined by the Standard Deviation. A higher Sharpe ratio means, a higher return without too much risk. Thus, while investing, investors should choose a diversified fund that shows a higher Sharpe Ratio. Again, it is advisable for an investor to evaluate the SD and SR of a diversified fund on a historical basis so as to pick the most consistent performers.
Relevant and useful .