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MRG Wealth Maximizer

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

General Strategy: The strategy aims at long term capital appreciation through investment in Equity, equity related securities and Fixed income,.Focuses on the preservation of capital with a medium to high risk.

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 MRG Wealth Maximizer

Type: | | AUM ( cr) | Inc Date (17 May 2019)

MRG Capital Wealth Maximizer- Investment Strategy

MRG Capital Wealth Maximizer is a multi-cap strategy. Long term capital appreciation, investment in equity, equity-related securities, and fixed income.

Trailing Performance

1yr 3yr 5yr Since Inception
MRG Wealth Maximizer 38.6 14 12.5 12.9
S&P BSE 500 TRI 38.3 20 20
Alpha over Broad Mkt BM 0.3 -6 -7.5 12.9
Nifty 500 37.3 18.7 18.5
Alpha over Category BM 1.3 -4.7 -6

Performance as of: 30-Jun-24 | Inception Date: 17-May-19

Fund Managers

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1.5% fixed + 20% above 8% hurdle
Exit Fees3yr(1%)

AMC

AMC: MRG PMS (click link for detailed AMC review)

Not a Recommended AMC: 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.

MRG 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.