Multi-cap funds are diversified mutual funds which invest in stocks across market capitalization.
Amidst all the on-going political events in
the world, markets are the most affected and hence it becomes difficult
to anticipate market movement. In order to stay securely invested,
Multi-cap funds could be the best bet for an investor. Takes a look at
multicap scheme, which have performed better and have been able to
sustain their performance. Here is a research report of one of the
Multi-cap fund.
L&T India Value Growth Fund is
an open ended scheme launched in January 2009. This belongs to a
Diversified category as the fund has exposure across large cap, Midcap
and Smallcap.
Portfolio Analysis :As per the sectoral holdings
Banking/Finance have been most favoured sector for this fund as it is
contributing 19.54% to the entire portfolio followed by Oil & Gas
Sector.
Top Holdings and Sector Allocation for this fund are shown below:
Risk Profile: This fund belongs to the high risk
category given complete exposure only to equity. However, by way of SIP
the risk can be reduced and also prudent asset allocation across
different scheme including debt and balanced fund can provide optimum
mix and reduce the risk. Also as we think long term trend for Nifty is
on upside this fund offers good opportunity to ride the next wave on
upside.
Technical Perspective: The above weekly chart of NAV
suggests that since mid-2013 this fund has showed impulsive rise. The
impulsive move from 27 to 40 suggests that long term trend for this fund
remains on upside. In the start of 2018 NAV has competed minute wave 3
and since then wave (3) is on-going. One can continue to remain stay
invested or can start investing through SIP as this fund is in impulsive
wave (3). Looking at the Nifty, some pressure cannot be ruled out but
it is advisable to stick to the on-going trend. Currently wave 4 of (3)
seems to be on-going.
Investment Perspective: One can continue to invest in this fund in staggered fashion.
Many a times investing in multi cap funds becomes complex. In case
you don’t possess enough financial knowledge and are finding it too
difficult to understand or To know more about other prevailing
Multi-cap Funds Click here
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