The Wealth Company Ethical Fund
The Wealth Company Mutual Fund · Best Sectoral & Thematic Mutual Funds
This is the Direct plan of The Wealth Company Ethical Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★☆☆☆2/5 vs 229 of 255 Sectoral/ Thematic peers1Y- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Sectoral/ Thematic (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 229 of the 255 Sectoral/ Thematic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough Sectoral/ Thematic peers to rank yet
Volatility 14.6% vs 15.7% category avg
1.1% expense vs 1.3% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Trails the Sectoral/ Thematic average on 1M/3M/6M/1Y — 1Y by 9.08pp
- Ranks #189 of 229 on 1-year return in its Sectoral/ Thematic cohort
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Sectoral/ Thematic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -5.12% | -4.47% | -0.65% |
| 3M abs | -2.85% | -2.32% | -0.53% |
| 6M abs | +6.58% | +12.09% | -5.51% |
| 1Y CAGR | -5.65% | +3.43% | -9.08% |
| 3Y CAGR | — | +13.80% | — |
| 5Y CAGR | — | +12.04% | — |
Category average across peers in Sectoral/ Thematic (up to 255 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 255 peers in Sectoral/ Thematic
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
11 monthly installments of ₹10,000 into The Wealth Company Ethical Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -4.63% | -7.18% | +2.55% | |
| 2025part | -1.07% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Fund manager change — now managed by Umesh Sharma, Niranjan Das; Saloni Kapadia stepped away25 Sep 2026
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity92.61%
- Cash & Equivalents7.39%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹38.20Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
The Wealth Company Mutual Fund is run by the asset management arm of the Pantomath Group, and was branded Pantomath Mutual Fund before its rename. It is one of the industry's newest houses.
Fund Managers
ASAparna ShankerStart date not disclosed
CIO (Equity)
MBA (Finance), PGD in Treasury & Forex Management, B.Sc., LLB
Over 32 years of experience in the Mutual Fund industry across various domains. From Apr 2022 to Jan 2025 Fund Manager, SBI Resurgent India Opportunities Fund From Sept 2012 to Mar 2022 Fund Manager, SBI ESG Fund (PMS), Amundi India Infrastructure Opportunities Fund (international mandate managed by SBI Funds Management) She has also worked with Unit Trust of India, Birla Global Finance and Sahara Mutual Fund in the past.
SKSaloni KapadiaStart date not disclosed
Jain Institute of Management & Research, Mumbai - CFA from CFA Institute USA
Ms. Saloni is an investment professional with over 19 years of experience in fund management, equity research, fixed income and ESG initiatives across India and Asian markets. Saloni is an SP Jain MBA and is also a qualified CFA. Ms. Saloni was also associated with Aviva Life Insurance India where she managed equity and fixed income portfolios She has also held leadership roles at Phillip Capital Management and State Bank of India.
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Sectoral & Thematic funds
Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.
Frequently asked questions
What is the NAV of The Wealth Company Ethical Fund?
As of 05 Oct 2026, the NAV of The Wealth Company Ethical Fund is ₹9.44 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has The Wealth Company Ethical Fund delivered?
The Wealth Company Ethical Fund has returned -5.65% over 1 year and -5.65% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of The Wealth Company Ethical Fund?
The Wealth Company Ethical Fund charges an expense ratio of 1.15% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of The Wealth Company Ethical Fund?
The Wealth Company Ethical Fund's largest holdings are Netweb Technologies India Limited (3.8%), Jyoti Cnc Automation Ltd (3.6%), Infosys Limited (3.3%), GE Vernova T&D India Limited (3.2%) and Tata Consultancy Services Limited (3.2%). Holdings are disclosed monthly and change over time.
How risky is The Wealth Company Ethical Fund?
The Wealth Company Ethical Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 14.6% and its worst peak-to-trough fall in our sample was -14.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of The Wealth Company Ethical Fund?
The Wealth Company Ethical Fund is benchmarked against the NIFTY 500 Shariah TRI Index.. Its alpha and beta on this page are measured against that index.
Who manages The Wealth Company Ethical Fund?
The Wealth Company Ethical Fund is managed by Aparna Shanker and Saloni Kapadia at The Wealth Company.
How is The Wealth Company Ethical Fund taxed?
The Wealth Company Ethical Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.