Mutual Fund

Recommendations
(28th August 2024)
 Industry At Glance
Retail investors continued to pour money into equity mutual funds through systematic investment plans (SIPs)
and lump-sum allocations. Equity mutual funds, led by thematic funds, received ₹37,113 crore in July,
compared to ₹40,608 crore in June. Flows through SIPs into mutual funds increased, reaching a new monthly
record of ₹23,332 crore, up from ₹21,262 crore in the previous month.

Debt funds also saw inflows of ₹1.20 lakh crore, largely from liquid and money market funds. Strong flows and
a rise in stock market valuations pushed the total average assets under management of the industry to a new
high of ₹64.71 lakh crore, up from ₹61.33 lakh crore in June.

A large portion of the flows into equity mutual funds in July was due to the new fund offers (NFOs) of various
sectoral and thematic funds. Investors pumped ₹18,385 crore into NFOs of thematic or sectoral schemes such
as the ICICI Prudential Energy Opportunities Fund, Edelweiss Business Cycle Fund, Kotak BSE PSU Index Fund,
Motilal Oswal Nifty India Defence Index Fund, and Tata Nifty India Tourism Index Fund.

Multicap funds, which invest in a mix of large, mid, and small-cap stocks, saw ₹7,084.61 crore in inflows, thanks
to the NFO of the Franklin Multi-Cap Fund. Flows into mid and small-cap funds moderated, with these schemes
raising ₹1,644 crore and ₹2,110 crore, respectively. In the previous month, midcap funds garnered ₹2,527
crore, while small-cap funds attracted ₹2,263 crore.
Source: AMFI
Industry At Glance
 Industry At Glance

Source: AMFI
 Returns Matrix of Previous Recommendations
Scheme Benchmark
Scheme Name 16 Month Absolute Returns % 16 Month Absolute Returns % Out Performance %
Motilal Oswal ELSS Tax Saver Fund 89.42 59.05 30.37
SBI Long Term Equity Fund 85.03 58.44 26.59
Nippon India Power & Infra Fund 103.87 79.33 24.54
Bandhan Core Equity Fund 86.39 67.64 18.74
Motilal Oswal Midcap Fund 100.51 86.90 13.61
ICICI Pru Focused Equity Fund 71.01 58.44 12.58
SBI Contra Fund 69.10 58.44 10.67
Nippon India Large Cap Fund 59.72 49.06 10.66
ICICI Pru Pharma Healthcare & Diagnostics (P.H.D) Fund 95.85 87.41 8.45
ICICI Pru Value Discovery Fund 65.09 59.05 6.04
HDFC Flexi Cap Fund 62.90 59.05 3.84
HDFC Top 100 Fund 53.48 49.66 3.82
Nippon India Growth Fund 90.47 86.90 3.57
ICICI Pru Large & Mid Cap Fund 69.06 67.64 1.41
HDFC Focused 30 Fund 59.93 59.05 0.88
Parag Parikh Flexi Cap Fund 53.73 59.05 -5.33
Nippon India Small Cap Fund 89.86 97.82 -7.96
Tata Small Cap Fund 77.57 97.82 -20.25
 We have a mutual fund model which has done a back testing and has a strike rate of 83% and
on the basis of that we are recommending below schemes:
CAGR Returns %
SINCE
Scheme Name AUM(Cr.) 1 Year 3 Years 5 Years 7 Years 10 Years
INCEPTION
Category: Large & Mid Cap
Bandhan Core Equity Fund 5983 58.20 27.68 26.68 17.95 17.07 14.64 BUY NOW

ICICI Pru Large & Mid Cap Fund 15746 47.60 27.61 26.36 18.02 15.98 19.15 BUY NOW
Category: Large Cap Fund
HDFC Top 100 Fund 37081 38.10 21.99 20.19 15.31 13.77 19.39 BUY NOW

Nippon India Large Cap Fund 31801 38.97 24.04 22.91 16.79 15.82 13.68 BUY NOW
Category: Flexi Cap Fund
HDFC Flexi Cap Fund 61572 43.41 27.80 24.62 18.02 15.69 19.28 BUY NOW

Parag Parikh Flexi Cap Fund 75956 40.43 19.45 26.47 20.67 18.61 20.18 BUY NOW
Category: Mid Cap Fund
Motilal Oswal Midcap Fund 14446 68.61 38.60 34.12 22.23 21.65 24.70 BUY NOW
Nippon India Growth Fund 32971 54.64 29.31 31.62 21.36 19.92 23.13 BUY NOW
Source: ACEMF, Data as on 26/08/2024
 CAGR Returns %

SINCE
Scheme Name AUM(Cr.) 1 Year 3 Years 5 Years 7 Years 10 Years
INCEPTION

Category: Small cap Fund

Nippon India Small Cap Fund 60373 51.51 33.60 38.77 24.71 24.49 22.98 BUY NOW
Tata Small Cap Fund 8449 48.87 28.36 34.30 - - 28.25 BUY NOW
Category: Equity Linked Savings Scheme
Motilal Oswal ELSS Tax Saver Fund 3835 62.85 25.81 25.80 17.40 - 18.70 BUY NOW
SBI Long Term Equity Fund 27527 56.80 28.63 27.24 18.06 15.96 17.49 BUY NOW
Category: Focused Fund
HDFC Focused 30 Fund 13795 42.75 28.60 24.93 15.92 14.48 16.63 BUY NOW
ICICI Pru Focused Equity Fund 9745 49.90 24.29 25.61 18.25 15.26 15.35 BUY NOW
Category: Value Fund
ICICI Pru Value Discovery Fund 48806 45.11 27.41 27.68 19.13 16.91 21.06 BUY NOW
Category: Contra
SBI Contra Fund 37846 46.64 30.35 32.68 20.45 17.78 20.12 BUY NOW
Category: Equity Pharma
ICICI Pru Pharma Healthcare &
4500 58.54 21.72 31.85 - - 24.09 BUY NOW
Diagnostics (P.H.D) Fund
Source : ACEMF, Data as on 26/08/2024
 CAGR Returns %

SINCE
Scheme Name AUM(Cr.) 1 Year 3 Years 5 Years 7 Years 10 Years
INCEPTION

Category: Energy & Power Fund

Nippon India Power & Infra Fund 7537 68.89 37.92 32.96 19.81 18.01 19.48 BUY NOW
Category: Infrastructure Fund
Bandhan Infrastructure Fund 1934 79.15 35.37 33.41 19.04 18.76 13.65 BUY NOW
Category: Balanced Advantage Fund
HDFC Balanced Advantage Fund 94048 37.87 25.35 22.07 16.85 15.29 17.83 BUY NOW
Tata Balanced Advantage Fund 10052 21.82 12.86 14.46 - - 13.43 BUY NOW
Category: Multi Asset Allocation Fund
ICICI Pru Multi-Asset Fund 46488 31.49 23.43 22.27 16.64 15.08 21.52 BUY NOW
SBI Multi Asset Allocation Fund 5645 26.46 15.71 15.09 12.19 11.60 9.58 BUY NOW
Category: Equity Savings Fund
Kotak Equity Savings Fund 6541 20.86 13.05 12.23 10.20 - 9.88 BUY NOW
Mirae Asset Equity Savings Fund 1189 18.06 10.71 13.02 - - 12.18 BUY NOW
Category: Arbitrage Fund
Kotak Equity Arbitrage Fund 51570 7.79 6.13 5.44 5.71 6.06 6.91 BUY NOW
SBI Arbitrage Opportunities Fund 32546 7.48 6.18 5.21 5.54 5.85 6.73 BUY NOW
Source : ACEMF, Data as on 26/08/2024
 Mutual Fund Schemes Rational
•SBI Contra Fund is a multi-decade-old scheme in the Contra Fund category.

SBI Contra •It is mandated to follow a contrarian strategy by investing in beaten-down stocks and out-of-favour sectors.
Fund
•Accordingly, the fund holds a well-diversified portfolio of fundamentally sound stocks available at a discounted price spread across market
caps and sectors.
•High Quality portfolio of around 30 stocks with strong portfolio earnings growth 8+ year track record with alpha of 18.4% CAGR since
Motilal Oswal inception as on 31st July 2024
ELSS Tax
Saver Fund •Key sector allocation to participate in Banking and Finance Portfolio is a play on Domestic growth rather than export oriented
companies
•The scheme gets its credibility from its long track record of delivering higher and better risk-adjusted returns for more than 3 decades.
SBI Long Term
Equity Fund •The fund manager's stock picking ability, blended style of investing across growth and value companies with a buy and hold strategy gives
more comfort.
•The fund invests in companies spanning the entire market capitalization and has maintained its diversified portfolio approach under the
revised Flexi Cap mandate.
HDFC Flexi
Cap Fund •Long-term consistency and better risk adjusted returns in comparison to its benchmark speak highly of why this fund should be a part of
your portfolio.
•The Fund invests dynamically across market caps and international equities.
Parag Parikh
•The focus on value and quality stocks has helped keep overall volatility low and deliver better risk-adjusted returns.
Flexi Cap Fund
•The outperformance compared to its benchmark and peers' returns makes it stand out.
 Mutual Fund Schemes Rational
•Portfolio comprising up to 30 stocks. Flexible allocation across market cap segments. Managing volatility by diversifying across sectors and market cap segments.

HDFC •Stock selection focused on growth at reasonable valuations.

Focused 30
Fund •Long term strategic approach to reap the benefits of focused investing.

•Aim to generate better risk adjusted returns through a focused portfolio, backed by extensive in-house research conviction.

•Focused Mutual Funds aim to reduce concentration risk by diversifying the portfolio across market caps and sectors.
ICICI Pru
Focused •This fund has picked up its performance in the last couple of years without exposing the portfolio to high risk.
Equity Fund
•The fund looks to identify high-conviction ideas across market caps and sectors but with an eye on valuation.

•The fund’s exposure to midcaps provides an opportunity for higher capital appreciation over the long term, whereas the large cap exposure offers less volatility and
benchmark-beating returns.
ICICI Pru
Large & Mid •On the portfolio front, the fund has a rather diversified portfolio in line with the category average.
Cap Fund
•It has delivered superior risk-adjusted returns and the fund manager's approach during volatile markets and stock picking has given more comfort.

•Bandhan core equity fund is a type of equity mutual fund scheme that invests primarily in stocks of large cap and mid cap companies. Large and mid-cap
companies are identified on the basis of market capitalisation and include the top 250 companies in the country.

Bandhan •The relatively less volatile nature of large-cap funds, combined with the growth potential of mid-cap funds, makes these funds suitable for long-term wealth
Core Equity creation. Risk averse investors who wish to benefit from mid-cap stocks may consider investing in a core equity fund. Large cap and mid cap funds are
relatively less volatile than pure mid-cap funds, but have more growth potential than large-cap funds in the long term.
Fund
•Core equity funds that invest in large and mid-cap stocks allow the investor to diversify their investments as they are mandated to invest in two market
capitalisations. Diversification of assets may potentially reduce risk.
 Mutual Fund Schemes
Mutual Fund Schemes Rational
Rational
•HDFC Top 100 Fund has beaten its benchmark index consistently. It is one of the go-to funds in the large-cap equity
category.

HDFC Top 100 •Investors who have a moderate risk appetite and do not want to venture into the small and mid-cap space can surely
Fund consider investing in this fund.

•It is important for all investors to understand that investing in the equity asset class in general and mutual funds in
particular, is risky. It is advisable to do proper research and invest according to your risk appetite.
•The scheme is suitable for investors who wish to benefit from the structural growth story of healthcare industry.

ICICI Pru P.H.D •The Scheme is suitable for investors who want to have well diversified exposure into the healthcare industry through
Fund segments like Pharmaceuticals, Hospitals, Diagnostics, Preventives, Health Insurance and allied sectors.

• The scheme invests in companies which stand to benefit from the ever-growing opportunities of the healthcare industry.
•This scheme has the ability to provide stable returns due to its tried and tested investment strategy, particularly during
periods of market volatility.
Nippon India
•The scheme invests in established businesses—market leaders—and maintains a balanced portfolio with optimal
Large Cap Fund
allocation across themes.

•The long-term stable and sustained performance of this fund provides additional comfort.
•The fund largely follows a growth-oriented style of investing, maintains a concentrated portfolio approach and invests in a
Motilal Oswal maximum of 30 quality companies.
Midcap Fund
•The buy and hold strategy being followed by the fund manager provides us with comfort.
 Mutual Fund Schemes
Mutual Fund Schemes Rational
Rational
•The Fund predominantly invests in mid cap companies that have the potential to compound and substantially increase their profitability over a period of
time.

Nippon India •Endeavor is to identify potential market leaders at an early stage with a view to create long term alpha. Focus is on 4 verticals which typically may grow
Growth Fund faster than the economy – these are consumer discretionary, healthcare, financials and outsourcing to global corporations.

•The fund follows bottom up stock selection with no style bias. It is a midcap oriented fund aiming at long term long wealth creation through investments in
high growth companies which are potential large caps. Well diversified portfolio for optimal risk management.
•The Tata Small Cap Fund Regular Growth has an AUM of 8448.91 crores & has delivered CAGR of 34.90% in the last 5 years. This fund is mandated to invest
at least 65 per cent of its assets in small-cap stocks at all times.
Tata Small Cap
Fund •Compared to those that invest in larger companies, youcan expect higher returns from small-cap funds in the long-term but with more severe ups and
downs along the way
•This fund has been a favourite amongst investors because of its stellar performance and its long track record of more than 12 years.

Nippon India •Since its inception, the fund has consistently outperformed its benchmark by a wide margin and has always delivered positive returns when measured
Small Cap Fund using a 5-year daily rolling return.

•This gives us additional added comfort. Samir Rach has been managing this fund since 2017.
•The scheme is suitable for investors who are willing to participate in the process of discovering stocks whic hare undervalued but have the potential
to do well due to strong fundamentals and those stocks which are likely to grow with the revival in economic growth.

ICICI Pru Value •The scheme is suitable for investors who are willing to invest for a fairly long term with an aim to benefit from the full investment cycle and have
Discovery Fund over5 years of investment horizon. • Investors who are looking to invest in a diversified portfolio can consider this scheme for investing.

•The scheme follows a value investment style and in tends to offer a diversified portfolio of stocks that have high potential but are quoting at a
discount to their fair/ intrinsic value.
 Mutual Fund Schemes
Mutual Fund Schemes Rational
Rational
•It is an investment opportunity to participate in India’s capex growth by investing in securities of companies in power and infra
sectors.

•The portfolio has an adequate diversification within the power and infra sectors by spreading investment over a large range of
Nippon India
companies.
Power & Infra
Fund •The fund provides opportunity within these sectors, with focused approach and flexibility to invest in Transportation, Energy,
Resources, Communication and other power and infrastructure allied companies.

•The portfolio is focused on creating long term risk adjusted return.

•Bandhan Infrastructure Fund is an open-ended equity scheme investing in the Infrastructure sector - a fund that invests across the
infrastructure value chains (with exclusions like Banking, Autos, IT, Pharma, FMCG etc.).
Bandhan
Infrastructure
•It is a diversified portfolio of companies that are participating in and looking to benefit from the Indian Infrastructure and Infrastructure
Fund related activities. The portfolio construction is agnostic to style (growth/value/quality) or market cap (large/mid/small), given the sectoral
nature of the fund.
 Mutual Fund Schemes
Mutual Fund Schemes Rational
Rational
•Scheme invests dynamically in a combination of Equity and Debt instruments wherein the allocation between equity and
debt is based on Trailing twelve month Price to Earnings Ratio & Earnings Yield/G-Sec Yield Ratio.
HDFC Balanced
Advantage Fund •Considering the performance of the Scheme & its dynamic equity allocation and portfolio positioning.

•The Scheme is suited for investors looking for growth of equity and stability of debt, with a medium to long term view.

•The fund's equity portion is primarily invested in Financial, Energy, Construction, Technology, Consumer Staples sectors.
Tata Balanced
•It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
Advantage Fund
•The debt portion of the fund has good quality papers indicating a stable debt portfolio.

•These categories of funds help in overall return generation by benefiting from the performing asset class and limiting the
ICICI Pru Multi- downside risk even when the markets are volatile.
Asset Fund
•Investment across Equities, debt and Gold provides the much-desired diversification.
•To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.

•Investments under the fund will be predominantly in a mix of debt, equity & commodity instruments (as permitted by SEBI
SBI Multi Asset
from time to time).
Allocation Fund
•Debt instruments will be invested based on evaluation of macro-economic factors, market dynamics and issuer specific
factors.
 Mutual Fund Schemes
Mutual Fund Schemes Rational
Rational
•A fund that invests in equity, debt and arbitrage opportunities with an aim to neutralize market volatility.

•The Kotak Equity Savings Fund has an AUM of 6076.80 crores & has delivered CAGR of 11.85% in the last 5 years.
Kotak Equity
Savings Fund •The top holdings of the fund include Cash Offset For Derivatives, Triparty Repo, HDFC Bank & Kotak Liquid Dir Gr.

•The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Misc. Transportation & Consumer Financial Services.

•Along with equity and debt exposure, it employs cash-future arbitrage for heading equity exposure, thereby aims to reduce volatility and seeks potential returns.

Mirae Asset Equity •Maintains around 40% net equity exposure with a flexi cap style, using cash futures for hedging. The debt portfolio is managed conservatively with a preference
Savings Fund for buying & holding bonds

•While it delivered good returns over the last one year, the strategic asset allocation has helped the fund consistently beat peers.

•Enter into simultaneous transactions of a long position in cash and exactly off-setting short position in futures Equity position is completely hedged at trade
initiation.
Kotak Equity
Arbitrage Fund • Towards the expiry or before the expiry of the derivatives contract, the positions are reversed or rolled over (if spread is available for next month).

•Arbitrage funds can be used for short term parking of funds as it has equity taxation

•SBI Arbitrage Opportunities Fund aims to provide capital appreciation and regular income by identifying profitable arbitrage opportunities between the spot and
derivatives market segments as also through investment of surplus cash in debt and money market instruments.

SBI Arbitrage
•SBI Arbitrage Opportunities Fund invests maximum of 85% of the assets in arbitrage opportunities between equity & equity related instruments and derivatives including
Opportunities Fund index futures, stock futures, index options and stock options and minimum of 15% of the assets will be invested in debt and money market instruments.

•Arbitrage funds can be used for short term parking of funds as it has equity taxation
 SIP Pack
Mutual Fund Schemes Rational
A conservative, or defensive, investment style is a low-risk investment strategy. This style aims to achieve capital security, provide
income, and protect the capital invested. To invest in this style, you should have a low risk tolerance.

Risk Profile : Conservative Risk Returns CAGR %

SIP Pack Weightage 1 Year 3 Years 5 Years
HDFC Balanced
Balanced Advantage 25% 38.09 25.19 21.92
Advantage Fund
Tata Balanced
Balanced Advantage 25% 21.84 12.73 14.42
Advantage Fund
Kotak Bluechip Fund Large Cap Fund 25% 36.62 16.48 20.05
Nippon India Large
Large Cap Fund 25% 39.19 23.89 22.74
Cap Fund

Comparison with Respective Benchmark

Returns CAGR % (Weighted Average Calculation)

1 Year 3 Years 5 Years
SIP Pack 33.93 19.57 19.78
Benchmark 32.78 16.28 19.29
Source : ACEMF, Data as on 27/08/2024
 SIP Pack
Mutual Fund Schemes Rational
Moderate risk investors are relatively less risk-tolerant when compared to aggressive risk investors. They take on some risk and
usually set a percentage of losses that they can tolerate.

Risk Profile : Moderate Risk Returns CAGR %

SIP Pack Weightage 1 Year 3 Years 5 Years
Kotak Bluechip Fund Large Cap Fund 20% 36.62 16.48 20.05
HDFC Top 100 Fund Large Cap Fund 20% 38.09 21.80 20.01
Nippon India Large
Large Cap Fund 20% 39.19 23.89 22.74
Cap Fund
Bandhan Core Equity
Large & Mid Cap 20% 58.52 27.57 26.58
Fund
ICICI Pru Large & Mid
Large & Mid Cap 20% 48.26 27.51 26.33
Cap Fund

Comparison with Respective Benchmark

Returns CAGR % (Weighted Average Calculation)
1 Year 3 Years 5 Years
SIP Pack 44.14 23.45 23.14
Benchmark 39.70 19.38 22.22
Source : ACEMF, Data as on 27/08/2024
 SIP Pack
Mutual Fund Schemes Rational
Moderate to high risk means that the individual assessed has scored in the moderate to high range of risk in terms of risk
tolerancce. The best moderate to risk funds invest in varied securities to maintain reasonable market risks against inflation-
adjusted returns.
Risk Profile : High Risk Returns CAGR %
SIP Pack Weightage 1 Year 3 Years 5 Years
HDFC Flexi Cap
Flexi Cap Fund 20% 43.71 27.65 24.45
Fund
Parag Parikh Flexi
Flexi Cap Fund 20% 40.22 19.34 26.33
Cap Fund
ICICI Pru Large &
Large & Mid Cap 20% 48.26 27.51 26.33
Mid Cap Fund
Nippon India Large
Large Cap Fund 20% 39.19 23.89 22.74
Cap Fund
Motilal Oswal
Mid Cap Fund 20% 68.42 38.43 33.84
Midcap Fund
Comparison with Respective Benchmark
Returns CAGR % (Weighted Average Calculation)
1 Year 3 Years 5 Years
SIP Pack 47.96 27.37 26.74
Benchmark 42.89 21.75 24.53
Source : ACEMF, Data as on 27/08/2024
 SIP Pack
Mutual Fund Schemes Rational
High-risk mutual funds refer to funds that have excellent potential and the ability to provide high returns. However, these funds
are very volatile in nature and come with high risks. When you take such a high-risk mutual fund, they can give high returns as
well as high losses.
Risk Profile : Very High Risk Returns CAGR %
SIP Pack Weightage 1 Year 3 Years 5 Years
Parag Parikh Flexi
Flexi Cap Fund 20% 40.22 19.34 26.33
Cap Fund
ICICI Pru Large and
Large & Mid Cap 20% 48.26 27.51 26.33
Mid Cap Fund
Motilal Oswal
Mid Cap Fund 20% 68.42 38.43 33.84
Midcap Fund
Tata Small Cap
Small cap Fund 20% 49.46 28.57 34.28
Fund
Nippon India Small
Small cap Fund 20% 52.24 33.50 38.53
Cap Fund
Comparison with Respective Benchmark
Returns CAGR % (Weighted Average Calculation)
1 Year 3 Years 5 Years
SIP Pack 51.72 29.47 31.86
Benchmark 50.75 25.90 29.34
Source : ACEMF, Data as on 27/08/2024
 Systematic
Mutual FundWithdrawal Plan
Schemes Rational

Scheme wise calculation for SWP Plans:

Investment Monthly Amount Yearly Dividend

Scheme Name SWP Calculation
Amount From SWP Calculation

Monthly Pay-out
Mutual Fund Schemes
(%)
HDFC Balanced Advantage Fund 1% 2,000,000 20,000 240,000

Tata Balanced Advantage Fund 1% 2,000,000 20,000 240,000

Kotak Bluechip Fund 1% 2,000,000 20,000 240,000

Nippon India Large Cap Fund 1% 2,000,000 20,000 240,000
SBI Conservative Hybrid Fund 1% 2,000,000 20,000 240,000
Total 10,000,000 100,000 1,200,000
Mutual Fund SIP
 What is Systematic Investment Plan?

SIPs or Systematic Investment Plans are one of the best ways to invest in mutual funds

Investing process similar to bank recurring deposit − Fixed sum is invested in one or multiple mutual fund
schemes

SIPs come with several advantages

 Why SIPs? (Advantages)

• Regular & Disciplined investment.

• Make Market timing irrelevant.

− Ensure that one is invested at the high and low points of the market
− Called as Rupee Cost Averaging

• Enhance Returns over the long run.

• Provide benefits Like Compounding.

• Returns would be proportionately higher if SIP value is increased every year.

 Rupee Cost Averaging Example

Time SIP Amount Price per unit Number of Units allotted

January 5000 80 62.50

February 5000 96 52.08

March 5000 84 59.52

April 5000 68 73.53

May 5000 56 89.29

June 5000 60 83.33

Total 30,000 Average Price : 74 420.26

 SIP Mutual Fund Industry Data

SIP
SIP AUM
Contribution
Total No. of outstanding No. of New SIPs No. of SIPs discontinued/
Month SIP Accounts registered (Count tenure completed
(Count in Lakh) in Lakh) (Count in lakh)
₹ crore ₹ crore

933.96 241.14 146.89 13,09,385 85,869

Apr 24-July 24

839.71 428.09 224.37 10,71,666 1,99,219

Apr 23 – Mar 24

Apr 22 -Mar 23 635.99 251.41 143.15 6,83,296 1,55,972

Apr 21– Mar 22 527.73 266.36 111.17 5,76,358 1,24,566

Source: AMFI
 SIP Investment Scheme wise Returns
Absolute
Investment Total Amount Present
Scheme Name Start Date End Date Profit-SIP Returns CAGR %
Amount Invested(Rs) value(Rs)
%

Nippon India Small

50,000.00 01-Aug-2019 31-Jul-2024 30,00,000.00 84,96,641.12 54,96,641.12 411.03 51.62
Cap Fund(G)

SBI Magnum Midcap

50,000.00 01-Aug-2019 31-Jul-2024 30,00,000.00 65,44,825.19 35,44,825.19 265.19 36.60
Fund-Reg(G)

ICICI Pru Large & Mid

50,000.00 01-Aug-2019 31-Jul-2024 30,00,000.00 64,86,582.74 34,86,582.74 222.16 36.11
Cap Fund(G)

HDFC Top 100 Fund(G) 50,000.00 01-Aug-2019 31-Jul-2024 30,00,000.00 56,27,280.01 26,27,280.01 149.17 28.59

Source: ACEMF, Data as on 31st July 2024

 SIP Investment Scheme wise Returns

Absolute
Investment Total Amount Present
Scheme Name Start Date End Date Profit-SIP Returns CAGR %
Amount Invested(Rs) value(Rs)
%

Nippon India Small

5,00,000.00 01-Aug-2019 31-Jul-2024 3,00,00,000.00 8,49,66,411.23 5,49,66,411.23 411.03 51.62
Cap Fund(G)

SBI Magnum Midcap

5,00,000.00 01-Aug-2019 31-Jul-2024 3,00,00,000.00 6,54,48,251.92 3,54,48,251.92 265.19 36.60
Fund-Reg(G)

ICICI Pru Large & Mid

5,00,000.00 01-Aug-2019 31-Jul-2024 3,00,00,000.00 6,48,65,827.41 3,48,65,827.41 222.16 36.11
Cap Fund(G)

HDFC Top 100 Fund(G) 5,00,000.00 01-Aug-2019 31-Jul-2024 3,00,00,000.00 5,62,72,800.15 2,62,72,800.15 149.17 28.59

Source: ACEMF, Data as on 31st July 2024

 SIP Investment Scheme wise Returns
Absolute
Investment Total Amount Present
Scheme Name Start Date End Date Profit-SIP Returns CAGR %
Amount Invested(Rs) value(Rs)
%

Nippon India Small

10,00,000.00 01-Aug-2019 31-Jul-2024 6,00,00,000.00 16,99,32,822.45 10,99,32,822.45 411.03 51.62
Cap Fund(G)

SBI Magnum Midcap

10,00,000.00 01-Aug-2019 31-Jul-2024 6,00,00,000.00 13,08,96,503.85 7,08,96,503.85 265.19 36.60
Fund-Reg(G)

ICICI Pru Large & Mid

10,00,000.00 01-Aug-2019 31-Jul-2024 6,00,00,000.00 12,97,31,654.82 6,97,31,654.82 222.16 36.11
Cap Fund(G)

HDFC Top 100 Fund(G) 10,00,000.00 01-Aug-2019 31-Jul-2024 6,00,00,000.00 11,25,45,600.30 5,25,45,600.30 149.17 28.59

Source: ACEMF, Data as on 31st July 2024

 Disclaimer
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Disclaimer
All investments are subject to market risks and price fluctuation risk and there is no assurance or guarantee that the investment objectives shall be achieved. IIFL does not guarantee any assured returns on the investments recommended herein. The return
on investments mentioned herein is based on certain assumptions and actual returns may vary from the indicative returns mentioned herein. Past performance of securities/ instruments is not indicative of their future performance. The performance of the
investment products recommended in the Report may be adversely affected by various factors such as the performance of individual companies, changes in the market conditions, micro and macro factors and forces affecting capital markets in particular like
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Recommendation Parameters for Fundamental/Technical Reports:

Buy – Absolute return of over +10%

Accumulate – Absolute return between 0% to +10%

Reduce – Absolute return between 0% to -10%

Sell – Absolute return below -10%

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