Soon after launching the Micromax Canvas Fun A76, the company has shot up another product in the same Canvas Fun series, the Micromax Canvas Fun A74. Micromax is targeting the youth generation, thanks to trendy colored back covers like Blue and Red.Micromax Canvas Fun A74 sports a 4.5 inch capacitive display running Android 4.2.2 Jelly Bean. The device is powered by 1.3 GHz Dual Core processor accompanied by a 512MB RAM. It packs a 5 Mega Pixel Fixed Focus camera with LED Flash and a 0.3 MP secondary camera for video calling. Connectivity features include 3G, Wi-Fi, Bluetooth, GPS, GPRS, USB etc. Micromax has fueled it up with 1500 mAH Li-ion battery. The device is on sale with various online portals starting Rs 7749. Through Canvas Fun series, Micromax is trying to strengthen its position in below 10k price range. Though Micromax is already prevailing in this price range but getting a tough competition from the likes of Karbonn, Spice and Lava. Lava XOLO Q is a great series offering Quad core mobiles in a very affordable price range. At similar price, Lava Xolo Q700 offers same size IPS display with Quad core processor and 2400 mAH battery. However, we assume the Canvas Fun range will get advantage of better branding of Micromax and peppy colors and will sell in good numbers.Moreover, if you are finding this phone over your budget, consider waiting for Micromax A63 Canvas Fun which is another phone in line in the same series but with a further affordable price tag. Canvas Fun A63 is scheduled to launch soon and might come with 4 inch display, 2MP camera and other features similar to A74. We assume it to priced somewhere around 6k.