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SMC Global Growth

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

Large & Mid Cap Focussed: This portfolio will invest predominantly in large and mid-cap companies. The focus will be on quality management and upcoming businesses of high-growth companies that are leaders in their sectors or are positioned to achieve the same with fairly well-researched fundamentals.

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 SMC Global Growth

Type: Flexi Cap | GARP | AUM (106.4 cr) | Inc Date (01 Oct 2019)

SMC Global Growth Strategy- Investment Strategy

SMC Global ‘Growth Strategy’ is a multi-cap strategy. The portfolio invests in predominantly large and mid-cap companies. The focus is on quality management, upcoming businesses of high growth companies who are leaders in their sectors or are positioned to achieve the same.

Trailing Performance

1yr 3yr 5yr Since Inception
SMC Global Growth 37.8 18.2 19.2
S&P BSE 500 TRI 38.3 20 22.1
Alpha over Broad Mkt BM -0.5 -1.8 -2.9
Nifty 500 37.3 18.7
Alpha over Category BM 0.5 -0.5

Performance as of: 30-Jun-24 | Inception Date: 01-Oct-19

Fund Managers

Ayush Aggarwal | 2-star rated FM

CIO | 12 yrs Experience | 5 yrs at current firm

Past Experience: Director (SMC Group), Head – Digital Initiatives (SMC Group)

Ayush Aggarwal is an MBA from SP Jain Institute of Management and Research, Mumbai. He is the CIO of the SMC Private Wealth vertical at SMC Global Securities Ltd. managing and handling portfolio management activities.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1.5% fixed + 18% above 8% hurdle
Exit Fees1yr(3%), 2yr(2%), 3yr(1%)

AMC

AMC: SMC Global PMS (click link for detailed AMC review)

Not a Recommended AMC: While SMC Global has established its presence in its broking & wealth management businesses, its PMS business has not yet proven its standalone credentials. 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.

SMC Global 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.