Fund Name: Religare Invesco Mid N Small Cap (G)
CRISIL Rank: NA
Category: Mid and small cap
Expense Ratio: 3.07%
Risk Level: Average
Benchmark: CNX Midcap
Objective: To provide long term capital appreciation by investing in a portfolio that is predominantly constituted of equity and equity related instruments of mid and small cap companies.
Religare Invesco Mid N Small cap (G) fund has made its inception in the year 2008. Since inception, it has produced annualized returns of 11.74%. It has managed to beat the benchmark index as well as category average comprehensively in the 1, 3 and 5 year returns.
Top 5 holdings of the fund include Britannia Industries, Maruti Suzuki India, ING Vysya Bank, Tech Mahindra and Voltas. The fund invests about 54.02% of assets into mid caps, 32.15% in small caps and the rest in large caps. This fund is a good pick in it’s category.