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Asit C Mehta Ace Midcap

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 mutual fund universe.

IME Strategy Rating

Concentrated Midcap strategy: A structured value investing Mid-Cap strategy of 20-25 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 Midcap

Type: Mid & Smallcap | GARP | AUM (4.5 cr) | Inc Date (29 Dec 2017)

Asit C Mehta ACE Midcap- Investment Strategy

Asit C Mehta ACE Midcap is a mid-cap strategy composed of 20-25 equal-weighted stocks.

Trailing Performance

1yr 3yr 5yr Since Inception
Asit C Mehta Ace Midcap 90.7 38.3 32.2 23
S&P BSE 500 TRI 38.3 20 20 14.9
Alpha over Broad Mkt BM 52.4 18.3 12.2 8.1
Nifty Midcap 150 55.4 27.1 26.8
Alpha over Category BM 35.3 11.2 5.4

Performance as of: 30-Jun-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.