|Category:||Equity: Tax Planning|
|Assets:||R 715 crore (As on Jun 30, 2014)|
|Expense:||2.68% (As on Mar 31, 2014)|
The scheme seeks to achieve long term capital appreciation by predominantly investing in equities. It also offers tax benefits under Section 80C.
+ Krishna Sanghvi since Sep 2012
Over the past seven years, this fund has consistently done well in both rising as well as falling markets. The fund's biggest calling card is the ability to check its fall when the markets tank, with its quality stock selection based on fundamentals, large-cap tilt and adequate diversification. At the same time, quality mid-cap picks during market upturns have aided performance, making it a good choice in the long run with tax savings, despite a marginally higher expense ratio.