The objective of the scheme is long term growth of capital, through a portfolio with a target allocation of 100% equity by aiming at being as diversified across various industries and/ or sectors as its chosen benchmark index, Nifty 50. The secondary objective is income generation and distribution of dividend.
This product is suitable for investors who are seeking
• long term capital growth
• investments in equity and equity related securities, diversified across various industries in line with the benchmark index, S&P BSE 200
The stock picking ability of fund manager has been according with investment mandate of the fund. This approach has managed it to successfully outperform the benchmark and its peers consistently over a period of time. The fund has around 15% allocation to Midcap stocks but does not take any unnecessary risk. The fund has also proved to contain losses during down market times. With an expectation of continuing with its steady management, the fund is likely to keep on generating returns for its investors.