s Long-term Equity has been a great performer, despite being a four year old fund. Is this fund a good investment despite its short track record?
-Sulabh
fund has given impressive returns and became a five-star fund on completing a three-year term.
The fund's best one-year performance was between January 2012 fund January 2013 as it yielded returns at 34.92 per cent during this period.
This fund is still showing its preferences and it has done it with great simplicity -- focus on high quality companies without worrying about valuations. And in a difficult market, when many of the old stalwarts are struggling, this fund has been able to make an impressive run.
This article was originally published on November 26, 2013.
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