The fund’s impressive returns are a healthy reminder of its risk. A leeway to go up to 25 per cent in equity with a tendency to dabble in mid and small caps, makes it avoidable to the strictly conservative. The only year it posted an underperformance was 2010, due to the large-cap equity bias, which changed quickly to a multi-cap exposure. Over the past year, its large-cap allocati
This article was originally published on May 28, 2012.