The scheme seeks to provide long-term capital appreciation by predominantly investing in high growth companies which enjoy distinct competitive advantages & have superior financial strengths. In order to reduce the risk of volatility, the scheme will diversify across major industries and economic sectors. The scheme will retain the flexibility to invest in the entire range of debt and money market instruments.
This product is suitable for investors who are seeking
• capital appreciation over long term.
• investment predominantly in equity and equity related instruments of medium to large sized companies
Prashant Jain is someone who has watched the India market closely and believes in the long term prospects rather than near term returns. The performance is visible from the fact that it has been able to generate investor confidence since the last one and a half decade and increase its asset size to more than 21000croroes. The fund currently has also explored the midcap space with its allocation in midcap higher than the peers while not making a huge AUM size an obstacle for returns growth. There is no doubt on its long track record but it would be interesting to see how this strong fund management team is able to keep on generating alpha consistently with such a huge AUM size.