|Category:||Equity: Small Cap|
|Assets:||R 4,764 crore (As on Sep 30, 2018)|
|Expense:||2.17% (As on Aug 31, 2018)|
The aim of the fund is to seek long-term capital appreciation by investing in a portfolio that is substantially constitutes of stocks of small cap companies.
+ Jay Kothari since Mar 2013
|+ Resham Jain since Mar 2018|
+ Vinit Sambre since Jun 2010
This fund has always been both valuation and quality conscious, unwilling to compromise on either for quick gains. It selects companies which have great managements, free cash flows, decent long-term ROCEs and competitive advantages. It has a CAGR of about 19 per cent since its launch, with a low portfolio turnover of 25 per cent, is a testimony to the success of its buy and hold credo. Despite the lag in the last one year, the fund's five-year returns are ahead of the category by about 2 percentage points, at about 34 per cent, and the 10-year CAGR is 3 percentage points ahead, at 20 per cent. The fund is a good option in a shaky market. It handled well the bear phases in 2008 and 2011. The fund is, however, not accepting both new SIPs and lump-sum investments currently and only older SIPs continue to be accepted. Wait till the fund starts accepting new inflows.comments powered by Disqus