The fund seeks long-term growth of capital and regular income through 90% investment in equities and 10% in debt and money market securities. The scheme would adopt top-down & bottom-up approach of investing & a portion of the scheme will also be invested in IPOs, emerging sectors & other primary market offerings.
This product is suitable for investors who are seeking
• long term capital growth
• investments in equity and equity related securities
Anil Shah has been managing the fund since late 2012 and seems to be following a top- down approach and remain in line with the category participants when it comes to the midcap stocks. The investment style followed has till now work well for the fund and has also led to an increase in the AUM to cross 9000 croroes. The top 10 holdings comprise of almost 1/3 rd of the portfolio. The performance gets better than the peers when we have a duration of 3 to 5years.