To generate capital appreciation by investing in a diversified portfolio of large and mid-cap stocks. However, there can be no assurance that the investment objective of the scheme will be realized.
Capital appreciation over long term.
• Investing in diversified mid-cap stocks
Traditionally a mid and small cap fund has had its ups and downs with the frequent fund manager changes during the initial years. But now things have been working well with the fund beating the benchmark by3 to5 percent over 3 and 5 years time frame. The fund has increased its exposure to large caps with the mid and small cap limiting to only half of the fund. The new strategy thus makes it a multi cap fund and our conviction in the steady fund management and consistent returns makes it a good buy for a portfolio which wants to be balanced throughout the large, mid and small segment.