How has the fund performed?
where the fund invests
basic facts
- Launch date: July 30, 2002
- Category: share
- Type: Large Cap
- AUM (as on August 31, 2021): Rs 1,398 crore
- Benchmark: Nifty 50 Total Return Index
What is the rate
NAV (as on September 28, 2021)
- Growth Option: Rs 274.4985
- IDCW: Rs 17.9423
- Minimum Investment: Rs.100
- Minimum SIP amount: Rs 100
- Expenditure Ratio (as on 31st August, 2021) (%): 2.24
- Exit Load: For units exceeding 25% of the investment, 1% will be charged for redemption within 365 days
fund manager: Rahul Baijal
Tenure: 4 years, 10 months
Top 5 Sectors in Portfolio (%)
top 5 shares Portfolio (%)
Recent portfolio changes
- new entrants: Shriram Transport Finance Company. Apollo Hospitals Enterprise, Mindtree, Dabur India.
- full exit: Mahindra & Mahindra, ICICI Lombard General Insurance, Phoenix Mills, Maruti Suzuki India.
- Increase allocation: Ashok Leyland, Bajaj Finserv, Shriram Transport Finance, Sun Pharma. Reliance Industries, Indraprastha Gas, Mindtree, Hindustan Unilever.
How risky is it?
Source: Value Research
should you buy
Despite its name, the fund operated a very diversified portfolio of large-cap stocks until a few years back. It now operates a very focused portfolio within the large-cap universe, striving to outperform the category through focused, high conviction bets. Even for its compact positioning, the fund takes sizable positions in the top few bets. It prefers to focus on around 3-4 broad topics and identify the best opportunities within these sections. Its performance over the years has been inconsistent amid changes in approach. Its current fund manager has seen marginal improvement in the return profile but needs to prove its performance capabilities over the long term.