{"id":920,"date":"2022-06-21T00:00:00","date_gmt":"2022-06-21T00:00:00","guid":{"rendered":"https:\/\/elementummoney.com\/blog\/2022\/06\/21\/mid-cap-funds-may-2022\/"},"modified":"2024-01-05T11:23:08","modified_gmt":"2024-01-05T11:23:08","slug":"mid-cap-funds-may-2022","status":"publish","type":"post","link":"https:\/\/elementummoney.com\/blog\/mid-cap-funds-may-2022\/","title":{"rendered":"Mid Cap Funds – May 2022"},"content":{"rendered":"\n

Before I start off on any analysis in this segment, even at the cost of a repetitive bore I will put forth this disclaimer. All fund schemes are taken as direct. However, even if you are a direct investor, hire a financial advisor that you trust who can guide with investments. Pay for your advice.<\/strong><\/p>\n\n\n\n

Fund category definition:<\/strong> Funds with minimum 65{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} portfolio allocation to Mid Cap (101-250 by market cap size) stocks<\/p>\n\n\n\n

Benchmark: <\/strong>Nifty Mid Cap 150 TRI with a change of -5.21{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in May 2022 and a 1-year return of 10.28{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

All data as on:<\/strong> 31st<\/sup> May, 2022<\/p>\n\n\n\n

Summary<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

When we look at the month\u2019s performance, it\u2019s split in the middle with five funds doing better and five doing worse in different degrees. The five that under performed include Kotak, Nippon, Franklin, Sundaram and UTI. The list is one short when the one-year performance is looked at with funds being Axis, DSP, Franklin and Sundaram.<\/p>\n\n\n\n

Nippon seems to have shopped a bit increasing the number of stocks by five.<\/p>\n\n\n\n

Nothing else is worth mentioning be it in AUM or expense ratio.<\/p>\n\n\n\n

Market Cap Allocation<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

DSP has cut it\u2019s small cap exposure by about 1.68{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} and resultantly also it\u2019s total equity exposure to be sitting on slightly more cash.<\/p>\n\n\n\n

Nippon has increased it\u2019s Large cap exposure by almost 2{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

Mirae has increased it\u2019s small cap allocation by about 1.50{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, also increasing it\u2019s equity exposure.<\/p>\n\n\n\n

SBI has increased it\u2019s mid cap exposure by about 1.50{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

Top 5 sectors<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"
Sector ranking colour code<\/figcaption><\/figure>\n\n\n\n

In Kotak, Pharma has organically edged out Fertilisers and Pesticides from the top 5 sectors.<\/p>\n\n\n\n

That is the only noteworthy change in the sectoral allocation. The rest of them might be a shuffle within the existing top 5 sectors.<\/p>\n\n\n\n

Top 10 Stocks & Movement<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"
Stock ranking colour code<\/figcaption><\/figure>\n\n\n\n

HDFC has further increased its\u2019 allocation to Hindustan Aeronautics this month by 0.89{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, taking it up to 4.47{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, making it the third largest stock position. They also have a new 0.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in Zee Entertainment.<\/p>\n\n\n\n

Nippon is yet again one of the newsmakers with many changes to report. Three position have been trimmed substantially \u2013 Jindal Steel & Power by 1.10{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 0.75{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Varun beverages by 0.93{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 3.89{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and SRF Ltd. by 0.91{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 1.15{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Three positions have been substantially beefed up \u2013 Mahindra & Mahindra that came in just last month is up by 1.08{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to touch 1.88{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Navin Fluorine is up by 0.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (reaching 1.34{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Cholamandlam Investment & Finance is up by 0.82{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to come up to 1.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Infosys which had entered the fund in March itself finds itself out from it\u2019s 1.70{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position. On the other hand, there are two new entrants \u2013 Tech Mahindra (1.47{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Ambuja Cements (0.95{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

Mirae sees a trim in Jindal Steel & Power by 0.88{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in all probability organic thanks to the 30{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} price fall the share witnessed in May. They have also cut down their allocation in Varun Beverages by 0.91{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} to bring it down to 0.77{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. There are two new substantial entrants \u2013 Delhivery (1.04{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Laurus Labs (0.78{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}).<\/p>\n\n\n\n

SBI has just one change \u2013 exit from a 1.23{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in Aditya Birla Sun Life AMC.<\/p>\n\n\n\n

Unlike last time, Franklin has just one change worth mentioning \u2013 a 0.80{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} trim in Oberoi Realty to bring it down to 2.18{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

Sundaram has reduced it\u2019s allocation to Honeywell by 0.76{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} to make it a shadow of it\u2019s former self at 0.38{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}.<\/p>\n\n\n\n

Check out the other categories and what the funds there were up to:<\/p>\n\n\n\n

<\/a><\/p>\n\n\n\n

Large Cap Funds \u2013 May 2022<\/a><\/p>\n\n\n\n

Flexi Cap Funds \u2013 May 2022<\/a><\/p>\n\n\n\n

Multi Cap Funds \u2013 May 2022<\/a><\/p>\n\n\n\n

Large & Mid Cap Funds \u2013 May 2022<\/a><\/p>\n\n\n\n

Small Cap Funds \u2013 May 2022<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Before I start off on any analysis in this segment, even at the cost of a repetitive bore I will put forth this disclaimer. All fund schemes are taken as direct. However, even if you are a direct investor, hire a financial advisor that you trust who can guide with investments. Pay for your advice. Fund category definition: Funds with minimum 65{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} portfolio allocation to Mid Cap (101-250 by market cap size) stocks Benchmark: Nifty Mid Cap 150 TRI with a change of -5.21{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in May 2022 and a 1-year return of 10.28{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. All data as on: 31st May, 2022 Summary When we look at the month\u2019s performance, it\u2019s split in the middle with five funds doing better and five doing worse in different degrees. The five that under performed include Kotak, Nippon, Franklin, Sundaram and UTI. The list is one short when the one-year performance is looked at with funds being Axis, DSP, Franklin and Sundaram. Nippon seems to have shopped a bit increasing the number of stocks by five. Nothing else is worth mentioning be it in AUM or expense ratio. Market Cap Allocation DSP has cut it\u2019s small cap exposure by about 1.68{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} and resultantly also it\u2019s total equity exposure to be sitting on slightly more cash. Nippon has increased it\u2019s Large cap exposure by almost 2{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. Mirae has increased it\u2019s small cap allocation by about 1.50{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, also increasing it\u2019s equity exposure. SBI has increased it\u2019s mid cap exposure by about 1.50{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. Top 5 sectors In Kotak, Pharma has organically edged out Fertilisers and Pesticides from the top 5 sectors. That is the only noteworthy change in the sectoral allocation. The rest of them might be a shuffle within the existing top 5 sectors. Top 10 Stocks & Movement HDFC has further increased its\u2019 allocation to Hindustan Aeronautics this month by 0.89{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, taking it up to 4.47{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}, making it the third largest stock position. They also have a new 0.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in Zee Entertainment. Nippon is yet again one of the newsmakers with many changes to report. Three position have been trimmed substantially \u2013 Jindal Steel & Power by 1.10{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 0.75{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Varun beverages by 0.93{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 3.89{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and SRF Ltd. by 0.91{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (down to 1.15{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Three positions have been substantially beefed up \u2013 Mahindra & Mahindra that came in just last month is up by 1.08{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to touch 1.88{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}), Navin Fluorine is up by 0.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (reaching 1.34{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Cholamandlam Investment & Finance is up by 0.82{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} (to come up to 1.85{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Infosys which had entered the fund in March itself finds itself out from it\u2019s 1.70{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position. On the other hand, there are two new entrants \u2013 Tech Mahindra (1.47{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Ambuja Cements (0.95{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). Mirae sees a trim in Jindal Steel & Power by 0.88{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} in all probability organic thanks to the 30{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} price fall the share witnessed in May. They have also cut down their allocation in Varun Beverages by 0.91{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} to bring it down to 0.77{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. There are two new substantial entrants \u2013 Delhivery (1.04{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}) and Laurus Labs (0.78{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}). SBI has just one change \u2013 exit from a 1.23{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} position in Aditya Birla Sun Life AMC. Unlike last time, Franklin has just one change worth mentioning \u2013 a 0.80{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} trim in Oberoi Realty to bring it down to 2.18{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. Sundaram has reduced it\u2019s allocation to Honeywell by 0.76{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886} to make it a shadow of it\u2019s former self at 0.38{76b947d7ef5b3424fa3b69da76ad2c33c34408872c6cc7893e56cc055d3cd886}. Check out the other categories and what the funds there were up to: Large Cap Funds \u2013 May 2022 Flexi Cap Funds \u2013 May 2022 Multi Cap Funds \u2013 May 2022 Large & Mid Cap Funds \u2013 May 2022 Small Cap Funds \u2013 May 2022<\/p>\n","protected":false},"author":1,"featured_media":921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[554],"tags":[378],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/920"}],"collection":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/comments?post=920"}],"version-history":[{"count":2,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/920\/revisions"}],"predecessor-version":[{"id":2639,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/posts\/920\/revisions\/2639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/media\/921"}],"wp:attachment":[{"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/media?parent=920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/categories?post=920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elementummoney.com\/blog\/wp-json\/wp\/v2\/tags?post=920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}