
Unifi Mutual Fund
Unifi Mutual Fund has introduced Unifi Flexi Cap Fund. The new fund offer (NFO) closes on May 30.
The company in a statement said that this open-ended equity scheme has the flexibility to invest across large-cap, mid-cap, and small-cap stocks.
'The Flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across five or more sectors offering growth tailwinds and reasonable valuations.,' said Saravanan V N, CIO, Unifi Mutual Fund.
Unifi Mutual Fund launched their first fund – Unifi Dynamic Asset Allocation Fund – two months ago and it already has AUM of ₹600 crore. The Flexicap Fund is the second of three funds that they intend to launch in their initial phase.
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Mint
4 days ago
- Mint
Investing ₹1 lakh at the launch of this mutual fund would have grown to ₹1.5 crore. Check how
At the time of investing in a mutual fund scheme, it is common to evaluate the past returns of that scheme. This gives an idea of how the scheme has performed in the past, thus giving an indication of how it may perform in the future. Wealth advisors often point out that the longer you stay invested, the higher the return. This happens primarily on account of compounding. From Ben Graham to Warren Buffett, almost all experts have lauded the power of compounding. In fact, famous scientist Albert Einstein is believed to have said that compound interest is the eighth wonder of the world. This is because the income you earn in the first few years is added to the principal, and when the investment gives return in the later years, it accrues on the inflated sum (principal plus return). Therefore, when you stay invested for a long term, the returns you stand to earn are disproportionately higher than what you earn in the first few years. Here we handpick one mutual fund scheme – Franklin India Flexi Cap Fund – and evaluate its growth to find out how much a small investment of ₹ one lakh would have grown if an investor had remained invested since the launch of the scheme. This scheme was launched on Sept 29,1994 and earlier known as Franklin India Equity fund. The scheme's benchmark is Nifty500 and asset size is ₹ 18,224 crore. The key constituent stocks are HDFC Bank, ICICI Bank, Bharti Airtel, Axis Bank and L&T. Sector wise, the scheme has invested 27.70 percent in banks, 8.29 percent in telecom services, 5.11 percent in pharma and biotech and 4.20 percent in construction, shows Franklin Templeton's website. If someone had invested ₹ one lakh in Franklin India Flexi Cap Fund one year ago, the investment would have grown to ₹ 1,09,280 now by growing at 9.28 percent, shows the table below. Over a three-year period, the investment has given a return of 19.08 percent. In the past five-year period, the investment of ₹ one lakh would have grown to ₹ 3.35 lakh, thus reporting a growth of 27.40 per cent. And in a decade, the investment of ₹ one lakh would have grown to ₹ 3.69 lakh. Tenure Return (%) ₹ 1 lakh would have grown to 1 year 9.28 1,09,280 3 19.08 1,69,030 5 27.40 3,35,790 10 13.96 3,69,760 15 14.67 7,80,540 Since inception 18.00 1,58,38,310 And if someone had invested ₹ one lakh 15 years ago, the investment would have grown to ₹ 7.80 lakh. And if the investment were made at the time of scheme's launch (in Sept, 1994), the investment would have swelled to ₹ 1.58 crore by growing at a rate of 18 percent per annum, reveals the table above. Note: This story is for informational purposes only. Please speak to a SEBI-registered investment advisor before making any investment related decision. For all personal finance updates, visit here.


Time of India
6 days ago
- Time of India
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Because of this hybrid portfolio they are considered relatively less volatile than pure equity schemes. Aggressive hybrid schemes are the best investment vehicle for very conservative equity investors looking to create long-term wealth without much volatility. Large cap funds Some equity investors want to play safe even while investing in stocks. Large cap schemes are meant for such individuals. These schemes invest in top 100 stocks and they are relatively safer than other pure equity mutual fund schemes. They are also relatively less volatile than mid cap and small cap schemes. In short, you should invest in large cap schemes if you are looking for modest returns with relative stability. Flexi cap funds A regular equity investor (one with a moderate risk appetite) looking to invest in the stock market need not look beyond flexi cap mutual funds (or diversified equity schemes). These schemes invest across market capitalisations and sectors, based on the view of the fund manager. A regular investor can benefit from the uptrend in any of the sectors, categories of stocks by investing in these schemes. Small cap, mid cap funds What about aggressive investors looking to pocket extra returns by taking extra risk? Well, they can bet on mid cap and small cap schemes. Mid cap schemes invest mostly in medium-sized companies and small cap funds invest in smaller companies in terms of market capitalisation. These schemes can be volatile, but they also have the potential to offer superior returns over a long period. You can invest in these mutual fund categories if you have a long-term investment horizon and an appetite for higher risk. Finally, any search starting with the word 'best' or 'top' is unlikely to offer you the best solution. You should always choose a scheme that matches your investment objective, horizon, and risk profile. If you do not understand the basic mutual fund concepts or are totally new to mutual funds and investing, you should always seek the help of a mutual fund advisor. If you are looking for our recommendations in various mutual fund category, see: Best mutual funds to invest Methodology for hybrid funds: 1. Mean rolling returns: Rolled daily for the last three years. 2. Consistency in the last three years: Hurst Exponent, H is used for computing the consistency of a fund. The H exponent is a measure of randomness of NAV series of a fund. Funds with high H tend to exhibit low volatility compared to funds with low H. i) When H = 0.5, the series of returns is said to be a geometric Brownian time series. This type of time series is difficult to forecast. ii) When H <0.5, the series is said to be mean reverting. iii) When H>0.5, the series is said to be persistent. The larger the value of H, the stronger is the trend of the series 3. Downside risk: We have considered only the negative returns given by the mutual fund scheme for this measure. X = Returns below zero Y = Sum of all squares of X Z = Y/number of days taken for computing the ratio Downside risk = Square root of Z 4. Outperformance i) Equity portion: It is measured by Jensen's Alpha for the last three years. Jensen's Alpha shows the risk-adjusted return generated by a mutual fund scheme relative to the expected market return predicted by the Capital Asset Pricing Model (CAPM). Higher Alpha indicates that the portfolio performance has outstripped the returns predicted by the market. Average returns generated by the MF Scheme = [Risk Free Rate + Beta of the MF Scheme * {(Average return of the index - Risk Free Rate} ii) Debt portion: Fund Return – Benchmark return. Rolling returns rolled daily is used for computing the return of the fund and the benchmark and subsequently the Active return of the fund. 5. 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Time of India
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- Time of India
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Unifi Mutual Fund has announced the extension of the NFO period of its flexi cap fund from May 30 to June 2. The fund house informed its unitholders through a notice-cum-addendum. The addendum further mentioned that all the other provisions of the SID and KIM cum application form of the scheme, except as specifically modified herein above, remain unchanged. This notice cum addendum forms an integral part of the SID and KIM of the scheme as amended from time of time. Also Read | Defence sector based mutual funds rally up to 60% in 3 months. Will the momentum continue? Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dukung Orang Terkasih Menghadapi Limfoma: Mulai Di Sini Limfoma Klik Di Sini Undo Unifi Flexi Cap Fund is an open-ended equity scheme that has the flexibility to invest across large-cap, mid-cap, and small-cap stocks, aligning with Unifi's Growth at a Reasonable Price (GARP) based investment philosophy. The Unifi Flexi Cap Fund follows a seasoned investment and portfolio construction framework, ensuring a balance between active bottom-up positions and index mindfulness. The fund ultimately builds a diversified portfolio of 50-70 stocks, maintaining a 3–5-year investment outlook while balancing bottom-up active positions with benchmark mindfulness. Live Events The scheme will be anchored to investing in growth businesses and will be consensus-agnostic. The scheme strives to adopt a prudent sell-discipline on achieving objective or fundamental thesis change as part of its ongoing portfolio management. Nifty 500 will be the primary universe for the fund from which 75% or more of the portfolio constituents will be selected. The next 500-750 companies would also be pursued tactically to capitalise on emerging sectors, trends ,and companies. Through rigorous research, the selection is narrowed down to 100-120 companies, focusing on earnings growth, leadership, and valuation comfort. The fund does not rigidly adhere to market cap classifications but instead gravitates toward stocks with the most compelling risk-reward profiles, ensuring diversified exposure to large-cap, mid-cap, and small-cap opportunities. Also Read | 11 equity mutual funds offer over 25% CAGR in 5 years. Do you currently hold any in your portfolio? The fund will be managed by V. N. Saravanan (CIO & Fund Manager), Aejas Lakhani (Fund Manager – Equity), Karthik Srinivas (Fund Manager – Debt), and Aman Reddy (Fund Manager – Foreign Investments). The performance of the fund will be benchmarked against Nifty 500 TRI. The minimum investment amount for lumpsum is Rs 5,000 and in multiples of Re 1 thereafter. The minimum amount for SIP investment is Rs 500 and in multiples of Re 1. The scheme will allocate 65-100% in equities and equity related instruments, 0-35% in debt securities and money market instruments, and 0-10% in units issued by REITs & InvIT's. 'The Flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across 5 or more sectors offering growth tailwinds and reasonable valuations. We aim to strike a right balance between bottom-up stock selection and being mindful of the benchmark,' said Saravanan V N, CIO, Unifi Mutual Fund. Unifi Mutual Fund launched their first fund – Unifi Dynamic Asset Allocation Fund – two months ago and it already has an AUM of Rs. 600 crores. The Flexicap Fund is the second of three funds that they intend to launch in their initial phase