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CapitalMind Index (Market)

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

Market-Focused Strategy: It is an all ETF portfolio with exposure to top 100 Indian and US technology stocks free from human biases with low churn and cost

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 CapitalMind Index (Market)

Type: Large Cap | GARP | AUM (218.4 cr) | Inc Date (5 Mar 2019)

Wizemarket Capital Mind Market Fund- Investment Strategy

Quant based All ETF portfolio

Wizemarket Market Fund is a large-cap strategy. All ETF portfolios with exposure to top 100 Indian and US technology stocks free from human biases with low churn and cost.

Investment Philosophy 

Market Fund focuses mainly on: 

  • Risk Management: Having a diversification by seeking 100 top stock across different asset classes and having no stock picking risk so it is free from human rationale and biases. 
  •  Equity: The portfolio strategy is to have exposure to top 100 Indian and US tech stocks and the Stock Selection happens by investing via low cost ETFs, automatically investing in large cap stocks. 
  • Risk: To eliminate risk, investing in liquid funds and the rationale being it is tax efficient, low cost, better returns in a rising rate cycle. 

 

Trailing Performance

1yr 3yr 5yr Since Inception
CapitalMind Index (Market) 39.2 17.6 18.5 17.8
S&P BSE 500 TRI 34.7 18 18 16.1
Alpha over Broad Mkt BM 4.5 -0.4 0.5 1.7
Nifty 500 33.8 16.9 16.6
Alpha over Category BM 5.4 0.7 1.9

Performance as of: 31-May-24 | Inception Date: 05-Mar-19

Fund Managers

AMC

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

Not a recommended AMC: Wizemarket/CapitalMinds PMS is yet to build long-term credentials in fund management. With a lack of a clearly defined investment process and a number of disparate portfolio strategies, we do not recommend investments in Wizemarket PMS at this time.

CapitalMind 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.