The scheme seeks to generate consistent long-term capital appreciation by investing predominantly in equity and equity related securities by following value investing strategy i.e buying into stocks that are trading for less than their intrinsic value - stocks that the market is undervaluing.
This product is suitable for investors who are seeking
• long term capital growth
• investments in equity and equity related securities by following value investing strategy.
The fund manager changes and the inconsistency in the recent performance has have played on a negative on the fund but the above average returns in the long run has proved to be a plus point for it. Though the fund is midcap it does invest around 30% in large caps. The fund is one of a kind which invests according to value strategy and invests in stocks which have value in them which is visible in the high portfolio turnover.