HELLO Everyone, we all know that with the fear of corona virus market drop down day by day while the nifty falling 28% in the past one month many schemes fell even sharper.But there are a few schemes that have taken a relayively moderate hit compared to others.Though its might not console investors that the better performing schemes toon have lost money,analysts said it may be a good guide to select your equity product for the future.
Here are five schemes that have fallen lesser than the Nifty in the turmoil. Most of these schemes have low exposure to financial services,higher holding in retail and consumer sectors,with enough cash in their portfolios.
ICICI Prudential focused equity Fund
NAV Fall:20.14% AUM:Rs 571 crore
Fund Manager:Mittul kalawadia/Mrinal Singh
Top 3 holdings: Bharti Airtel,INFOSYS,Sun Pharma
Underweight financials and high
cash holding in the portfolio helped the fund manager emerge winner in the last one month just falling 20%and turning a topper in the last one month.The fund manager has a value-oriented portfolio with just 21 stocks.
Axis Midcap Fund
NAV Fall:20.71%AUM Rs.5193 crore
FUND MANAGER:Shreyash Devalkar
Top 3 holdings :Avenue supermarts,City union bank,BATA india
High cash holding of 18%due to strong inflows,higher exposure to retailers like TRENT and DMart and underweight financials and private sector banks helped this fund stay ahead this fund stay ahead of its peers.The fund manager holds a diversified portfolio of 50-60 stocks.
UTI MNC Fund
NAV Fall:20.99% AUM Rs.2,137 crore
Fund Manager:-Swati kulkkarni
Top 3 holdings:HUL,Maruti Suzuki,nestle india
The fund manager runs a concentrated portfolio of 40 stocks and is overweight FMCG that account for 39% of its portfolio including blue chip funds and low debt which helped this fund outperform.
Axis multicap fund
NAV Fall:21.33%AUM Rs.5852 crore
Fund manager:Shreyash Devalkar
Top 3 holdings:Bajaj Finance,ICICI Bank, Avenue Supermarts
This fund concentrated portfolio of 30 stocks primarily in large cap companies with strong growth
Aditya Birla Sun Life Manufacturing Equity fund
NAV Fall:21.38% AUM Rs.490 crore
Fund manager:ANIL SHAH
Top 3 holdiings:GSK Consumer,RIL,HeidelbergCement
ITC,GSK Consumer,HUL Dabur and united sspirits performed well for the fund.
Here are five schemes that have fallen lesser than the Nifty in the turmoil. Most of these schemes have low exposure to financial services,higher holding in retail and consumer sectors,with enough cash in their portfolios.
ICICI Prudential focused equity Fund
NAV Fall:20.14% AUM:Rs 571 crore
Fund Manager:Mittul kalawadia/Mrinal Singh
Top 3 holdings: Bharti Airtel,INFOSYS,Sun Pharma
Underweight financials and high
cash holding in the portfolio helped the fund manager emerge winner in the last one month just falling 20%and turning a topper in the last one month.The fund manager has a value-oriented portfolio with just 21 stocks.
Axis Midcap Fund
NAV Fall:20.71%AUM Rs.5193 crore
FUND MANAGER:Shreyash Devalkar
Top 3 holdings :Avenue supermarts,City union bank,BATA india
High cash holding of 18%due to strong inflows,higher exposure to retailers like TRENT and DMart and underweight financials and private sector banks helped this fund stay ahead this fund stay ahead of its peers.The fund manager holds a diversified portfolio of 50-60 stocks.
UTI MNC Fund
NAV Fall:20.99% AUM Rs.2,137 crore
Fund Manager:-Swati kulkkarni
Top 3 holdings:HUL,Maruti Suzuki,nestle india
The fund manager runs a concentrated portfolio of 40 stocks and is overweight FMCG that account for 39% of its portfolio including blue chip funds and low debt which helped this fund outperform.
Axis multicap fund
NAV Fall:21.33%AUM Rs.5852 crore
Fund manager:Shreyash Devalkar
Top 3 holdings:Bajaj Finance,ICICI Bank, Avenue Supermarts
This fund concentrated portfolio of 30 stocks primarily in large cap companies with strong growth
Aditya Birla Sun Life Manufacturing Equity fund
NAV Fall:21.38% AUM Rs.490 crore
Fund manager:ANIL SHAH
Top 3 holdiings:GSK Consumer,RIL,HeidelbergCement
ITC,GSK Consumer,HUL Dabur and united sspirits performed well for the fund.
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