This fund predominantly invests in large-cap companies, with a little exposure to mid-cap stocks as well, which allows it to increase its returns potential. Do not be disappointed by the fund’s short-term performance, as over 3 and 5-year period it tends to do well and considerably outperform its benchmark. These traits have resulted in regular money flow into this fund, which has also grown the assets it manages significantly in recent years.
By investing predominantly in the top 100 companies by market capitalisation, the portfolio takes care of quality stocks in it. Further, the flexibility to invest up to 20 per cent in mid-cap stocks has helped the fund in its enhanced performance over different time frames. In terms of stock and sector selection, the rules are clearly specified for the fund manager, which instils discipline to not go astray with the companies in which it invests without compromising on diversification.
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Launch Date: Jan 20, 2006
Fund Manager: Sohini Andani
Benchmark: S&P BSE 100 Index
Expense ratio: 1.97
