This fund hunts for stocks with growth at a reasonable price. The fund manager avoids investing in companies that do not have the ability to generate free cash flows over a business cycle. These factors have helped this scheme weather volatile market owing to quality stock selection, despite investing in stocks that have a market-cap below that of the 100th stock in the CNX 500 index. It’s a good choice for investors looking for a less volatile ride with smallcap exposure and a higher return possibility.

Other funds based on growth:

Mirae Asset India Opportunities: Spotting winners

SBI Magnum Multiplier: Safe and secure

ICICI Pru Value Discovery: Sweet spot

DSP BlackRock Micro Cap: Turnaround story

BNP Paribas Midcap: Deft Mover

Mirae Asset Emerging Bluechip: Well defined path

Franklin India High Growth: Steady outperformer

olmdesk@outlookindia.com