June 26, 2024
mayank
Old Bridge Focused Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.2500
Old Bridge Focused Equity Fund Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy of Old Bridge Focused Equity Fund
The scheme seeks to generate long-term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalization (i.e. Mid cap, Small cap, Large cap).
Fund Managers:
1) Kenneth Andrade
Education: Mr. Andrade is a B.Com (H) from Mumbai University.
Experience: He is the founder of Old Bridge Capital Management Pvt. Ltd.. Prior to this, he has worked with Kotak AMC, IDFC AMC, ShareKhan, LKP Sec Ltd., Meghraj Capital Advisors, Apple Asset Management Company Ltd.
2) Tarang Agrawal
Education: Mr. Agrawal has done B.Com and CFA
Experience: Prior to joining Old Bridge AMC, he has worked with Old Bridge Capital Management Pvt. Ltd. and EY
Old Bridge Focused Equity Fund Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 2,500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 365 days |
Basic Details of Old Bridge Focused Equity Fund
| Fund House | Old Bridge Mutual Fund |
| Launch Date | 24-Jan-24 |
| Return Since Launch | 12.50% |
| Benchmark | BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 376 Cr |
| (As on 31-May-2024) | |
| Expense | 1.44% |
| (As on 31-May-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 3.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Old Bridge Focused Equity Dir | — | -0.62 | 6.23 | 15.03 | — | — | — | — | — | — |
| BSE 500 TRI | — | 0.37 | 4.34 | 12.17 | — | — | — | — | — | — |
| Equity: Flexi Cap | — | 0.43 | 5.08 | 13.61 | — | — | — | — | — | — |
| Rank within category | — | 83 | 15 | 24 | — | — | — | — | — | — |
| Number of funds in category | 81 | 83 | 83 | 82 | 81 | 76 | 59 | 46 | 36 | 31 |
Peer Comparison of Old Bridge Focused Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Old Bridge Focused Equity Dir | Unrated | — | — | — | 1.44 | 376 | 12.50 | 1.00 (365) | 5M | 3.00 |
| Parag Parikh Flexi Cap Dir | 5 star | 38.72 | 21.99 | 25.61 | 0.62 | 66,384 | 20.87 | 2.00 (365) | 11Y | 2.82 |
| HDFC Flexi Cap Dir | 4 star | 47.82 | 27.33 | 21.69 | 0.79 | 54,692 | 17.85 | 1.00 (365) | 11Y 5M | 39.18 |
| Franklin India Flexi Cap Dir | 4 star | 47.79 | 23.09 | 22.34 | 0.96 | 15,468 | 18.06 | 1.00 (365) | 11Y 5M | 24.00 |
| HDFC Focused 30 Dir | 4 star | 48.43 | 30.51 | 22.76 | 0.51 | 11,946 | 16.57 | 1.00 (365) | 11Y 5M | 33.30 |
Portfolio Analysis of Old Bridge Focused Equity Fund
| No. of Stocks | 22 |
| Top 10 Stocks | 52.53% |
| Top 5 Stocks | 30.48% |
| Top 3 Sectors | 60.52% |
| Portfolio P/B Ratio | 3.32 |
| Portfolio P/E Ratio | 21.07 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 30,159 | 1,68,041 |
| Giant (%) | 20.42 | 49.85 |
| Large (%) | 16.28 | 21.13 |
| Mid (%) | 37.64 | 23.02 |
| Small (%) | 25.66 | 6.81 |
| Tiny (%) | — | 0.20 |
Chanakya’s Mutual Fund Guidance For Old Bridge Focused Equity Fund
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