basic facts
launch date
18 February 1994
grade
equity
type
big and midcap
AUM*
Rs.6,579 crore
bottom sign
Nifty Large Midcap 250
total return index
What is the rate
development options
Rs.193.24
NAV**
IDCW
Rs.25.76
minimum investment
5,000
Minimum SIP Amount
300
expense ratio*** (%)
2.20
exit load
1% for redemption within 365 days
*Up to 31st July 2022
** by 23 August 2022
*** Till 31st July 202
fund manager
Gopal Agarwal
Tenure: 2 years
Recent portfolio changes
new entrants: Delhi , , , LIC , , , Inds, .
full exit:
Increase allocation: Bharti Airtel, , , , , .
should you buy
From the earlier avatar after the change in large and mid cap in 2018
Growth Opportunities, the fund has moderated its earlier large cap stance. The portfolio is currently evenly balanced between large cap and mid/small cap. This fund supports businesses with distinct competitive advantage, superior financial strength and potential to unlock value. The fund continues to run a bloated portfolio of approximately 140 stocks, with a very long tail of small bets. The fund has consistently underperformed under its earlier stance over the years. Now in the hands of a new veteran fund manager, it is starting to show somewhat better results, but needs to demonstrate consistent pick ups to count over the long term.
(Source: Price Research)