HDFC Growth

This fund may not have had a smooth ride but has emerged as one of the better players in this category. After an uneventful start in its initial years, the fund began to get noticed in 2006, when the current manager assumed charge. It turned out to be a category outperformer over the following years and even contained the downside well in 2008. Savvy sector selection has been a testament to Ravuri's skills. In 2006, while his peers were neutral towards Healthcare, the fund's increased allocation to it on the back of concentrated bets in Sun Pharma and Divi's Laboratories helped. Similarly, the

This article was originally published on May 25, 2010.