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Asit C Mehta Ace 15

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

Not a recommended fund: This is not a recommended fund, primarily because the AMC does not meet our selection criteria. We believe that there are better fund houses to invest in, within the Indian fund universe.

IME Strategy Rating

Largecap Focused: A structured value investing Large-Cap strategy of 15-20 equal weighted, most undervalued, high quality stocks in risk-mitigated & alpha generating Scientific Investing framework.

PMS Scheme Ratings are driven by IME’s Proprietary Scheme Rating Methodology, which takes into account our ratings of the Scheme’s investment strategy, its maturity, the investment team, and our separate rating on the AMC that runs this particular scheme. Our views on each of these individual criteria are available via the IME RMS – which you can view by reaching out to one of our relationship managers (using either the live chat or book appointment feature on this site).

IME View on Asit C Mehta Ace 15

Type: Large Cap | GARP | AUM (2.8 cr) | Inc Date (29 Dec 2017)

Asit C Mehta ACE 15-Investment Strategy

Asit C Mehta ACE 15 is a structured value investing large-cap strategy of 15-20 equal weighted, most undervalued, high-quality stocks.

Trailing Performance

1yr 3yr 5yr Since Inception
Asit C Mehta Ace 15 46.1 23.8 21.5 15.5
S&P BSE 500 TRI 41.1 18.4 22.4 15.6
Alpha over Broad Mkt BM 5 5.4 -0.9 -0.1
Nifty 50 TRI 33 14.9 19
Alpha over Category BM 13.1 8.9 2.5

Performance as of: 30-Sep-24 | Inception Date: 29-Dec-17

Fund Managers

Akhil Rathi | 2-star rated FM

Fund Manager | 15 yrs Experience

Past Experience: Research Analys (Networth Stock Broking), Associate (Edelweiss Broking Ltd)

Akhil Rathi is an MBA, associated with the Asit Mehta Group for the past 9 years, and has been in financial services for more than 11 years.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures2% fixed + 20% above 10% hurdle
Exit Fees1yr(2%)

AMC

AMC: Asit C Mehta PMS (click link for detailed AMC review)

Not a Recommended AMC: While Asit Mehta is a known brokerage, they have not managed to yet establish their credentials on their PMS platform. The 1-star rating of the AMC is primarily driven by the AMC still being sub-scale. Since the firm is still sub-scale, we have not done additional evaluations with regards the AMC Pedigree, Investment Philosophy, Team & Performance.

Asit C Mehta PMS does not meet our criteria for PMS AMC Selection at this time. Understand our AMC rating criteria at AMC Rating Criteria or contact us via the LiveChat to learn more.