Upcoming NFO: The Wealth Company Mutual Fund Files Draft for Large & Mid Cap Fund with SEBI

The Wealth Company Mutual Fund has filed the draft for its Large & Mid Cap Fund, categorised as an open-ended equity scheme.  

The fund will invest in a mix of large-cap and mid-cap stocks, with the stated objective of generating long-term capital appreciation and income. There is no assurance of returns.  

Investment Strategy  

The fund will follow an active investment approach, combining bottom-up stock selection with broader market analysis.  

Equity and equity-related instruments will form the core of the portfolio, with additional exposure to debt and money market instruments capped at 30%.  

Fund Allocation 

The scheme will maintain a minimum allocation of 35% each to large-cap and mid-cap companies. Large-cap firms are defined as the top 100 companies by market capitalisation, while mid-cap firms fall between ranks 101 and 250. 

Investments in REITs and InvITs may go up to 10%, while exposure to foreign securities is allowed up to 35% of total assets. Derivatives may be used for hedging and portfolio balancing within regulatory limits.  

Benchmark and Risk Classification 

The scheme will be benchmarked against the NIFTY Large Midcap 250 Total Return Index, which reflects the performance of both large-cap and mid-cap segments.  

The risk level of the scheme has been classified as “very high”. Net Asset Value (NAV) will be disclosed on a daily basis and published on the AMC and AMFI websites.  

Subscription and Pricing 

Units will be offered at a face value of ₹10 during the New Fund Offer (NFO) period. The minimum application amount is ₹1,000, with additional investments allowed in multiples of ₹1.  

The scheme will reopen for continuous sale and repurchase within 5 business days of allotment. Redemption proceeds are expected to be processed within 3 working days of a valid request.  

Charges and Investor Options 

There is no entry load on investments. An exit load of 1% will apply if units are redeemed within 120 days from allotment, while no charge will apply thereafter.  

The scheme offers both direct and regular plans, with growth and income distribution options. Facilities such as SIP, SWP, and STP are also available. 

Read More: Upcoming Mutual Fund NFOs In April 2026: Zerodha and Kotak Launch New Schemes!  

Conclusion 

The draft outlines a large and mid-cap focused equity scheme with defined allocation limits, standard liquidity provisions and a high-risk classification. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.