E A Sundaram, Fund Manager, Zurich India Capital Builder on his Favorite Stock

With the first three fund managers picking Infosys as their favourite stock, we decided to scout for a fund manager who is willing to bet on a stock from other sectors. Our search ended with E A Sundaram, the fund manager of Zurich India Capital Builder, who has a liking for Hindustan Lever. The fund has stayed clear of technology theme and has been bullish on FMCG stocks, which account for 42% of the portfolio in November. Besides, the fund manager has maintained holdings in sectors like automobile, publishing, pharmaceuticals and media. Converted into an open-end fund only in February 2000, the erstwhile Zurich India Quantum Fund has given a paltry return since launch (launched in 1994) of 2.43% though the 3-year return on December 22, 2000 is a more impressive 21.13%. 1. Which has been your favourite stock for Capital Builder and why do you like that stock? Sundar