GEMGAZE

 

May 2018

 

All the GEMs from the 2017 GEMGAZE have performed reasonably well through thick and thin and figure prominently in the 2018 GEMGAZE too. 

Reliance ETF Nifty BeES Gem

 

Incorporated in December 2001, Reliance ETF Nifty BeES (formerly known as Goldman Sacs Nifty ETF Fund) has an AUM of Rs 925 crore. The one-year return of the fund is 16.2% as against the category average return of 13.13%. The top five stocks constitute 35.79% of the assets of the fund. The top three sectors finance, energy, and technology constitute 63.73% of the assets of the fund. The expense ratio of the fund is 0.1% and the turnover ratio is 69%. The fund is benchmarked against the Nifty 50. The fund is efficiently managed by Mr. Payal Kaipunjal since May 2014.

ICICI Prudential Nifty Index Fund Gem

 

The Rs 328 crore ICICI Prudential Nifty Index Fund, incorporated in February 2002, has earned a one-year return of 14.8% slightly trailing the category average return of 13.13%. Top five holdings constitute 35.62% of the portfolio. 63.55% of the assets are invested in finance, energy and technology, the top three sectors. While the portfolio turnover ratio is 44%, the expense ratio is 0.92%. The fund is benchmarked against the Nifty 50 Total Return. The fund is managed by Kayzad Eghlim since August 2009.

Franklin India Index Fund Gem

 

Franklin India Index Fund, incorporated in August 2000, has an AUM of Rs 241 crore. Its one-year return is 14.42%, slightly higher than the category average return of 13.13%. Top five holdings constitute 35.59% of the portfolio. 63.37% of the assets are invested in finance, energy and technology, the top three sectors. The expense ratio of the fund is 1.09%. The fund is benchmarked against the Nifty 50. The fund is managed by Varun Sharma since November 2015.

HDFC Index Sensex Plus Fund Gem

 

HDFC Index Sensex Plus Fund is a fifteen-year old fund with an AUM of Rs 105 crore. Its one-year return is 14.04%, a tad better than the category average of 13.13%. Top five holdings constitute 37.51% of the portfolio. 61.41% of the assets are invested in finance, energy and technology, the top three sectors. The expense ratio of the fund as well as the turnover ratio is low at 1% and 26% respectively. The fund is benchmarked against the S&P BSE Sensex TRI. The fund has been managed by Krishan Kumar Daga since October 2015.

UTI Nifty Index Fund Gem

 

Incorporated in March 2000, UTI Nifty Index Fund has an AUM of Rs 862 crore. The one-year return of the fund is 15.95% trailing the category average of 13.13%. Top five holdings constitute 35.69% of the portfolio. 63.52% of the assets are invested in finance, energy and technology, the top three sectors. The portfolio turnover ratio is a moderate 17% and the expense ratio is very low at 0.2%. The fund is benchmarked against the Nifty 50 Total Return. The fund is managed by Kaushik Basu since July 2011.

 

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