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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 (3.9 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 95.7 38.4 29.1 21.5
S&P BSE 500 TRI 39.5 19.5 19 14.1
Alpha over Broad Mkt BM 56.2 18.9 10.1 7.4
Nifty Midcap 150 56.3 26.5 24.4
Alpha over Category BM 39.4 11.9 4.7

Performance as of: 28-Feb-23 | Inception Date: 29-Dec-17

Fund Managers

Akhil Rathi | 2-star rated FM

Fund Manager | 15 yrs Experience | 12 yrs at current firm

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. We do not recommend investments in Asit Mehta PMS. Additionally, in our rating methodology, PMS firms which have discretionary equity assets of less than 100 cr are typically rated as 1-star, since these have not yet reached a level of sustenance scale. Once they cross this key number, we will reevaluate the rating

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.

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Details shared on the public website, are only a short snapshot of the more detailed analysis that resides in our Proprietary Research Management Solution (RMS) – A proprietary cloud-based tool, that ensures that the unbiased research insights of our central research team are shared directly with investors.

Our RMS allows us to operate with a level of transparency, ethics & consistency of insights, that is unparrarelled in the industry. Our RM’s will help showcase the PMS/AIF options that are the most suited for your unique requirements.

Download Sample RMS Reports: AMC View | Scheme Comparison

Note: PMS AMC & Scheme Reviews and Ratings are based on IME Capital’s Proprietary Review and Rating Methodology (read more here: AMC Rating & Scheme Ratings). These reflect the unbiased views of our central research team, based on our assessment of the investment value of these PMS/AIF strategies for our investors. We follow a highly stringent rating-criteria, where approximately 50% of PMS AMC’s & strategies would be rated 2-star or below (this is not meant to indicate that these funds are not investment-worthy, but that they do not currently fulfill the requirements we focus on for recommending funds to our investors — based on our internal views on the merit of the AMC/strategy relative to peers). Reviews & Ratings are primarily based on research of publicly available information (SEBI disclosures, PMS websites, PMS-aggregation platforms, webinar recording, media interviews etc.) and no explicit consent is required from AMCs for the same. While we endeavour to do further due-diligence via direct interactions with the investment teams of AMCs, this is typically restricted to AMC’s that meet our foundational fund selection criteria (reviews on lower-rated AMCs are often based solely on publicly available information). The views reflected in our Reviews & Ratings, are our independent views and may not be shared by the AMC’s and the investment teams. Please read detailed disclaimer for more.