basic facts
launch date
8 August 2007
grade
equity
type
big hat
AUM*
Rs.12,193 crore
bottom sign
S&P BSE 100 Total
return index
What is the rate
NAV**
development options
Rs.54.64
IDCW
Rs.21.08
minimum investment
100 rupees
Minimum SIP Amount
Rs 1,000
expense ratio*** (%)
1.85
exit load
1% for redemption
within 7 days
*Up to 31st August 2022
** by 20 September 2022
*** Till 31 August 2022
fund manager
SAILESH RAJ BHAN
Tenure: 15 years, 2 months
Recent portfolio changes
new entrants: Britannia Industries, Gland Pharma, Sapphire Foods IndiaSamvardhan Motherson International, United Spirits,
full exit: BPCL, HDFC LifeL&T Infotech, LIC, ONGC, indian sheffler, United BreweriesUnited Spirits, Aditya Birla Fashion And Retail, Eicher Motors,
Increase allocation: EIHGland Pharma, Godrej Consumer ProductsLarsen & Toubro, Tata Consumer Products,
should you buy
previously known as Reliance Top 200, the name of this fund was changed a few years back but has retained its inclination towards top 100 stocks from its previous incarnation. Fund managers prefer not to be tied to the benchmark index, and are comfortable taking significant sector divergences, yet aggressively limit risk to three sectors at a time. He is also comfortable searching for stocks outside the purview of the index. However, this outlook can often lead to bouts of underperformance seen during 2018-2020. However, over the past year, the fund has made a strong comeback, comfortably outperforming the index and peers. While it boasts a strong track record over market cycles, this performance is often accompanied by higher volatility than many of its peers.
(Source: Price Research)