The Wealth Company Ethical Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 17, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
The Wealth Company Ethical Fund Direct Growth Plan currently has a NAV of ₹9.5754 as of 16 Sep 2026 and a scheme AUM of ₹41 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the scheme sits in the High Risk bucket. Our view is that this is a young, small fund whose recent return pattern and equity benchmark behaviour call for a patient horizon and comfort with uneven outcomes.
The portfolio is still building, with 46 disclosed holdings and a noticeable cash-like net receivable position among the larger lines. That makes the fund more interesting for investors who want an ethical equity strategy and can tolerate early-stage volatility, rather than for those looking for a long, tested return record.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹9.5754 as of 16 Sep 2026 |
| AUM | ₹41 Cr |
| Expense Ratio | 0.8% |
| Launch Date | 14 Oct 2025 |
| Min SIP | ₹250 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Exit Load | 1% on or before 30D, Nil after 30D |
| Fund Managers | Aparna Shanker, Saloni Kapadia |
The fund is managed by Aparna Shanker and Saloni Kapadia.
Source data date: as of 16 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -4.62% | -4.41% |
| 3M | -2.36% | -3.6% |
| 1Y | Data not available | Data not available |
| 3Y | Data not available | Data not available |
| 5Y | Data not available | Data not available |
Over the shortest period available, the fund has moved in the same direction as the benchmark, but with a slightly weaker 1-month result and a better 3-month result. That tells us the fund has not broken away from market moves; it has largely behaved like a new equity strategy still finding its rhythm. For an investor, that means the recent numbers are useful for understanding short-term sensitivity, but not enough to define a full cycle.
The broader point is that this is a very recent launch, so there is no long trailing history to anchor a 1-year, 3-year or 5-year comparison. Because of that, the cleaner read is the short-term pattern: some recovery after weakness, followed by renewed softness in the latest month. We would treat that as a sign of normal early volatility rather than a stable compounding profile.
Against Nifty 50, the fund is only marginally behind in 1 month and ahead in 3 months, so the gap is not large either way. That modest spread suggests the strategy has not yet shown a decisive edge over the benchmark, but it also has not fallen materially out of step with it.
Source data date: as of 16 Sep 2026
Should you BUY or HOLD The Wealth Company Ethical?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding The Wealth Company Ethical? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| The Wealth Company Ethical Fund Direct Growth Plan | Data not available | Data not available | Data not available |
| Baroda BNP Paribas Gold ETF FoF Direct Growth Plan | 34.39% | Data not available | Data not available |
| HDFC Innovation Fund Direct Growth Plan | 14.3% | Data not available | Data not available |
| Bajaj Finserv Small Cap Fund Direct Growth Plan | 13.33% | Data not available | Data not available |
| Quant Equity Savings Fund Direct Growth Plan | 8.75% | Data not available | Data not available |
| Kotak Active Momentum Fund Direct Growth Plan | 6.31% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On the available 1-year figures, this fund cannot be directly compared with the peer set because its own trailing return history is not yet available. The peers shown have meaningful 1-year numbers, while this fund’s record is still too short to support that comparison. For longer horizons, the same limitation applies, so the peer table is more useful for understanding what other equity-oriented strategies have done than for judging this fund on a fully comparable basis.
That said, the peer set gives useful context: several funds have delivered positive 1-year outcomes, while this fund’s early-stage profile means investors are relying more on strategy construction and future execution than on completed performance history. The short-term message is different from the long-term one here, because there is no long-term trail yet to confirm how the fund behaves through a full market cycle.
Source data date: as of 16 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| Net Receivable/Payable | Cash & Cash Equivalents and Net Assets | 5.09% |
| Netweb Technologies India Limited | Consumer Durables | 3.81% |
| Jyoti CNC Automation Ltd | Capital Goods | 3.63% |
| Infosys Limited | IT | 3.31% |
| Ge Vernova T&D India Limited | Capital Goods | 3.24% |
| Tata Consultancy Services Limited | IT | 3.21% |
| Amber Enterprises India Limited | Consumer Durables | 3.15% |
| Cummins India Limited | Automobile & Ancillaries | 3.1% |
| Tech Mahindra Limited | IT | 2.91% |
| Marico Limited | FMCG | 2.89% |
The largest disclosed line is the net receivable/payable position at 5.09%, which is meaningful but not dominating by itself. The next few positions cluster in the 3% to 4% range, so the weight drops fairly gradually rather than collapsing after the first holding. That suggests the portfolio is not built around one oversized conviction.
The top 10 disclosed holdings together account for approximately 34.34% of the portfolio, and there are 46 disclosed holdings in total. In our view, that points to a portfolio that is spread across a fairly long tail, with the largest positions still important but not overwhelmingly concentrated. The mix of IT, capital goods, consumer durables and FMCG holdings also indicates that several different segments may influence returns.
Because more holdings are disclosed beyond these 10, the visible list should be read as the leading slice rather than the full picture. Even so, the current structure looks like one where a moderate number of individual positions may contribute to performance, while the tail can still matter for diversification.
To see all holdings, visit the The Wealth Company Ethical Fund Direct Growth Plan page
Source data date: as of 16 Sep 2026
Who should invest
This fund suits investors who are comfortable with High Risk and are willing to give an equity strategy time to settle. The absence of a meaningful trailing record means it is better viewed as a long-horizon holding than a short-term performance bet, especially since the recent returns have been uneven and closely tied to benchmark moves.
Its current profile may appeal to investors who want an ethical equity allocation and can accept early-stage volatility in exchange for the possibility of future compounding. The main trade-off is that there is no mature performance history yet, so confidence must rest more on the portfolio construct and risk tolerance than on proven multi-year results.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% on or before 30D, Nil after 30D.
Source data date: as of 16 Sep 2026
Frequently asked questions
What is the current NAV of The Wealth Company Ethical Fund Direct Growth Plan?
Its NAV is ₹9.5754 as of 16 Sep 2026.
What are the recent returns of this fund?
Its 1-year, 3-year and 5-year returns are not available yet because the fund was launched on 14 Oct 2025. The shorter-period returns available are -4.62% for 1 month and -2.36% for 3 months.
How has the fund performed against Nifty 50?
It has been slightly weaker than Nifty 50 over 1 month and slightly better over 3 months. The difference is modest, which suggests it has broadly moved with the benchmark so far.
How does it compare with the peer funds shown here?
The peer funds have published 1-year figures, while this fund does not yet have a comparable long trailing record. That makes the comparison useful for context, but not for a like-for-like long-term judgment.
What is the minimum SIP amount?
The minimum SIP amount is ₹250.
Who manages the fund and what is the exit load?
The fund is managed by Aparna Shanker and Saloni Kapadia. The exit load is 1% on or before 30D, and nil after 30D.
Bottom line
The fund’s short-term behaviour is close to the benchmark, but it does not yet have a mature track record to judge longer-term compounding. Compared with the peer set shown, the key difference is not a return gap but the lack of a comparable long history. The High Risk profile, moderate number of holdings and fairly even spread across sectors suggest a diversified but still developing equity portfolio. It is most relevant for investors who can tolerate uncertainty and want a long horizon for the strategy to prove itself.
Published on 17 September 2026 at 11:57 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.