If you are looking for a fund that ticks all the important checkboxes— long-term performance, stable growth, and consistent fund management; this is the fund for you. This fund aims to generate long term growth of capital through a portfolio with a target allocation of 100 per cent equity by aiming at being as diversified across various industries and sectors as its chosen benchmark index.
The fund has consistently outperformed its benchmark during different stock market runs, and at the same time, the fund manager plays it relatively safe when the markets are down. The flexibility to invest in stocks within a sector and a buy and-hold strategy augurs well for investors who stay invested in this fund for the long run. A well diversified fund with holdings of about 70 stocks, along with a stable management team backed by performance makes it a good choice to invest in.
Launch Date: August 30, 2002
Fund Manager: Mahesh Patil
Benchmark: S&P BSE 200 Index
Expense ratio: 2.14
