This fund has a clear investment objective: up to 35 per cent investments in the top 100 companies by market-cap, with 65 per cent exposure to firms that fall outside the top 100. The fund manager avoids investing in smaller companies with operating profit below Rs. 100 crore. Further, the stocks selected follow three facets: business selection, management analysis and valuation. The disciplined stock selection has resulted in quality portfolio of well diversified stocks which have the ability to deliver across market cycles.