After Jio BlackRock and Capitalmind, another flexi-cap fund is coming; key points

The Wealth Company Mutual Fund has filed draft papers with the Securities and Exchange Board of India (SEBI) for a new flexi-cap mutual fund scheme, named The Wealth Company Flexi Cap Fund.

Last week, Jio BlackRock Mutual Fund filed draft papers with the regulator for Jio BlackRock Flexi Cap Fund while the Capitalmind Flexi Cap Fund opened for investment by the public on August 6, 2025.

The Wealth Company Flexi Cap Fund details

Like all flexi-cap funds, The Wealth Company Flexi Cap Fund is also an open-ended dynamic equity scheme investing across large-cap, midcap, small-cap stocks.

How will the fund invest?

The investment objective of the scheme is to generate capital appreciation/income from a portfolio, predominantly of equity and equity-related instruments.

"The Scheme would predominantly invest in companies spanning entire market capitalization. The aim of the equity strategy will be to build a sector and market agnostic portfolio, representing a cross section of companies diversified across major industries, economic sectors and market capitalization that offer an acceptable risk reward balance," the draft of the fund said.

The fund will leverage the C.H.A.N.G.E framework for screening stocks and the ‘E.D.G.E.’ framework for assessing market direction.

"While investing in any company, we will leverage the positive impact brought in due to ‘C.H.A.N.G.E.’ Our C.H.A.N.G.E. framework encompasses factors like Capable Management, Historical Performance, Attractive Valuations, Navigating the business cycles with strategy, Good Governance, Earnings Growth and Execution Excellence. We utilise our proprietary screening model to evaluate businesses based on such factors and build investible universe of stocks," the draft said.

"We will also leverage a multidimensional lens to assess market direction and positioning based on ‘E.D.G.E.’ which comprises of E-Exchange and market specific indicators, D- Domestic economic indicators, G-Global indicators, E- Exit/Rebalancing Strategy," it added.

As per the draft, the fund will further evaluate investment opportunities considering the following factors:

1. Macro-economic factors and changing trends
2. Domestic and overseas business environment
3. Scalability, longevity and profitability of businesses
4. Other tangible and intangible factors affecting the company
5. Any other factors the fund management team considers to be material in nature

• Equity & equity related instruments of large cap, midcap and small cap companies: Minimum 65% and maximum 100%

• Debt and Money Market Instruments: Minimum 0% and maximum 35%. ReITS and InVITS: Minimum 0% and maximum 10%

Who are the fund managers?

The equity portion of the fund will be managed by Aparna Shanker.

She has over 32 years of experience in the mutual fund industry across various domains, including 13 years as a fund manager at SBI Mutual Fund. She has also worked with Unit Trust of India, Birla Global Finance and Sahara Mutual Fund in the past.

The debt portion of the fund will be managed by Umesh Sharma and Varun Nanavati.

Umesh Sharma has over two decades of experience, including the last 14 years at Franklin Templeton Mutual Fund. Prior to Franklin Templeton, he has worked at Invesco Mutual Fund, ICICI Bank, JM Financial Mutual Fund and UTI Mutual Fund.

Varun Nanavati has previously worked with Crisil Ratings Ltd, Citi and KPMG India.