OUTLOOK

Q3 FY22 results have been largely encouraging, demand remained strong while, EBIDTA margin has compressed largely on account of the inflation across commodities. However, lower finance costs and robust cash generation has boosted profitability. Indian corporates, including Banks, enter FY23 with the strongest balance sheet probably since FY12.

Near term worries post the Ukraine-Russia conflict have stoked fears of further dislocation in supply chain, especially Gas, key industrial Metals and Agri Commodities. As a result, commodity prices have soared, with Brent crossing $110/barrel levels. This could affect inflation in the coming months. In this context, a swift resolution to peace could be critical, as levers to boost supply of these commodities from RoW remain limited. The ferocity of the move in inflation could dampen investor sentiments. For equity investors, conflicts and wars have been phases of mixed emotion – during the crisis, regret of being fully invested (RoFI) and once past the crisis, regret of missed opportunities (FOMO). Looking back, continuing with one’s equity investments through such crisis generally has been the ideal strategy.

     FUND FEATURES: (Data as on 28th February'22)

Category: Index
Monthly Avg AUM: Rs4.17 Crores
Inception Date: 24 February, 2022
Fund Manager:
Mr. Nemish Sheth
Benchmark: Nifty 100 TRI
Minimum Investment Amount: Rs5000/- in multiples of Re. 1/- thereafter
SIP (Minimum Amount): Rs100/- and in multiples of Re. 1 thereafter
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Exit Load: Nil
SIP Frequency: Monthly
Options Available: Growth, IDCW@ - (Payout, Reinvestment and Sweep (from Equity Schemes to Debt Schemes only))
SEBI Regulation: Minimum investment in securities of Nifty 100 index – 95% of total assets

PORTFOLIO

(28 February 2022)

     INDUSTRY ALLOCATION

     RISKOMETER

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