BASIC FACTS
DATE OF LAUNCH
29 DECEMBER 1998
CATEGORY
EQUITY
TYPE
LARGE CAP
AUM*
Rs.5,259 Crore
BENCHMARK
NIFTY 100 TOTAL
RETURN INDEX
WHAT IT COSTS
NAV**
GROWTH OPTION
Rs.366.511
IDCW
Rs.47.31
MINIMUM INVESTMENT
Rs.1,000
MINIMUM SIP AMOUNT
Rs.100
EXPENSE RATIO*** (%)
1.92
EXIT LOAD
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
FUND MANAGERS
HARISH KRISHNAN
9 YEARS
Recent portfolio changes
New Entrants
Apollo Tyres, Bosch, LTIMindtree, United Spirits.
Complete Exits
Jubilant FoodWorks, Wipro, Bata India, ICICI Lombard General, Max Financial Services.
Increasing allocation
Apollo Tyres, Coromandel International, HDFC Bank, ICICI Bank, Indraprastha Gas, ITC, LTIMindtree, Oberoi Realty, Tata Consultancy Services, United Spirits.
Should you buy?
This fund first identifies sectors or areas with a growing profit pool and focuses on well-run businesses that are best placed to capture the opportunities. The fund manager strives to avoid leveraged names unless supported by strong cash flows. The portfolio is well diversified yet retains large positions in its top bets, leaning towards index heavyweights. But it doesn’t shy from deviating sharply from index weights. The fund went through a lean patch between 2016-2018, but has since recovered smartly to deliver healthy outperformance. The presence of a skilled fund manager provides comfort for the long haul.
(Source: Value Research)
