basic facts
launch date
30 August 2002
grade
equity
type
big hat
AUM*
Rs.20,706 crore
bottom sign
nifty 100 total
return index
What is the rate
NAV**
development options
Rs.302.52
IDCW
Rs.29.51
minimum investment
100 rupees
Minimum SIP Amount
500 rupees
expense ratio*** (%)
1.76
exit load
1% for redemption
within 90 days
*Till 31st May 2022
** by 21st June 2022
*** Till 31st May 2022
fund manager
MAHESH PATIL
Tenure: 16 years, 6 months
Recent portfolio changes
new entrants:
co, , company, , , , , .
Full Exit: Life, HDFC Life Insurance, Wiring India.
should you buy
After reducing its portfolio size a few years back, the fund’s holdings have risen again. Still, it retains its top-heavy leanings, with larger positions in the top few bets with longer tails of minor holdings. Apart from its general growth bias, the fund manager also doesn’t mind placing some contrast bets in the portfolio. The fund remained weak for a long period of time between 2017-20, but performed well last year. However, it has slipped again this year, sharply lagging behind its index and competitors. With the fund struggling to break free from its shackles, this can be avoided for now.
(Source: Price Research)