The aim of the fund is to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of mid- and small-cap companies.
This product is suitable for investors who are seeking
• capital appreciation over long term.
• investment predominantly in equity and equity related instruments of Small and Mid Cap companies.
The fund asset has almost doubled in the last couple of years and is now the largest fund in the category. Yet this has not proven to lag its performance and has delivered better returns than its benchmark. The fund is underweight on small caps and has exposure to around 80% in midcap. A reputed AMC and a robust fund management has led to such above average returns in the recent times and the huge AUM concern might be tackled due to both of these qualities.