Mutual Fund Rising Stars: In the mutual fund industry, some new scheme is launched every day. Some of these are such new schemes, which have given excellent returns to investors. They gave 37 to 38 percent returns within 1 to 2 years after their launch. Even when there was pressure in the capital market from the Corona virus epidemic last year, their 1-year returns have been up to 47 per cent. Here we have selected 2 such midcap and 2 smallcap mutual funds, which are launched within 1 to 2 years. These include Mirae Asset Midcap Fund, Principal Midcap Fund, BOI AXA Smallcap Fund and Principal Smallcap Fund.
Mirae Asset Midcap Fund
Launch Date: July 29, 2019
Return since launch: 37.92%
Assets: 3,220 crores (December 31, 2020)
Expense Ratio: 0.37% (December 31, 2020)
Returns in last 1 year: 38%
Value of 1 lakh in 1 year: 1.38 lakh rupees
10000 Monthly SIP Value in 1 Year: 1.76 Lakhs
Minimum outright investment: Rs 5000
Minimum SIP: Rs 1000
Top Holding: Federal Bank, SRF, Axis Bank, Bharat Electronics, Natco Pharma
Principal Midcap Fund
Launch Date: December 30, 2019
Return since launch: 33.32%
Assets: 322 crores (January 31, 2021)
Expense Ratio: 0.35% (December 31, 2020)
Returns in last 1 year: 28%
Value of 1 lakh in 1 year: Rs 1.28 lakh
10000 Monthly SIP Value in 1 Year: 1.64 Lakh
Minimum outright investment: Rs 5000
Minimum SIP: Rs 500
Top Holding: Federal, Polycab India, ICICI Bank, SBI, Ashok Leyland
BOI AXA Smallcap Fund
Launch Date: December 19, 2018
Return since launch: 31.35%
Assets: 94 crores (December 31, 2020)
Expense Ratio: 0.78% (December 31, 2020)
Returns in last 1 year: 47%
Value of 1 lakh in 1 year: 1.48 lakh rupees
10000 Monthly SIP Value in 1 Year: Rs 1.71 Lakh
Minimum outright investment: Rs 5000
Minimum SIP: Rs 1000
Top Holding: EPL, Naveen Fluorine International, Central Depository Services, Galaxy Surfactants, Dixon Technology, India Mart Intermesh
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Principal Smallcap Fund
Launch Date: May 13, 2019
Return since launch: 31.36%
Assets: 275 crores (January 31, 2021)
Expense Ratio: 0.85% (December 31, 2020)
Returns in last 1 year: 41%
Value of 1 lakh in 1 year: Rs 1.42 lakh
10000 Monthly SIP Value in 1 Year: Rs 1.73 Lakh
Minimum outright investment: Rs 5000
Minimum SIP: Rs 500
Top Holding: Tata Alexi, Dixon Technology, CEAT, Alkyl Eminems Chemicals, Persistence System
(Source: Value Research)
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