Portfolio beyond large-caps
The scheme seeks to diversify beyond large-cap companies, focusing on niche businesses and category leaders in mid and emerging sectors.
The fund managers said that the portfolio is positioned toward “companies with higher visibility of growth and lower risk,” while structural themes such as import substitution, electronic manufacturing, fintech, power shortages, and hospitality form part of its investment approach.
Sector allocation
As of July 2025, the fund was overweight in capital goods, consumer services, and healthcare, while being underweight in financial services, oil & gas, and metals and mining. Its investments span across industries such as hotels, pipes, tiles, auto ancillaries, and quick-service restaurants, typically in companies with market capitalisation ranging from ₹31,000 crore to ₹91,000 crore.
SIP performance
The fund house also noted that systematic investment plan (SIP) investors fared better than lump-sum investors. In the past year, SIP investors earned almost 7 percentage points higher returns.
The fund allows SIP investments starting at ₹100 per month.
AUM and positioning
The scheme’s assets under management (AUM) crossed ₹1,800 crore, with nearly 70% invested in midcap stocks, making it a significant participant in India’s midcap growth story.
Caution for investors
While the returns have been strong, financial experts caution that midcap funds are typically more volatile than large-cap schemes. Investors are advised to align such investments with their long-term goals and risk appetite before committing fresh money.