The scheme would invest in equities and equity related instruments of companies spanning the entire market capitalization spectrum. The fund will invest 50-90 per cent in large-cap stocks, 10-40 per cent in mid-cap stocks and upto 10 per cent in small-cap stocks.
This product is suitable for investors who are seeking
• Long term investment
• Investment in diversified basket of equity stocks spanning the entire market capitalization spectrum to provide both long term growth opportunities and liquidity.
With an AUM size of more than 5000 crores and and overweight on the mid and small segment in relation to its benchmark, the fund has outperformed the benchmark over longer period of time while reducing the risk taken to generate the alpha. Though a veteran in the industry, it would be interesting to see how the new fund manager strategizes to keep up with its performance.