Fund Analysis

Positive Spirits

Credible track record owing to superior performance, quality portfolio and sturdy management makes this fund a worthy choice

Earlier known as Mirae Prudence Fund, it is a relatively new fund in its category. But it has swiftly made a name for itself by delivering strong performance since its launch in July 2015. Its veteran fund manager Neelesh Surana, who is also the CIO of the company, brings along a prolific experience in managing equities and has helped the fund scale up its AUM at a fast pace by delivering superior returns. This fund invests predominantly in equity stocks with a small allocation (about a fourth of its assets) to bonds. The latter helps it limit losses when e

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