Launched in 1998, this is among the oldest members of the large-cap category. Despite being among better performers in the category and getting battle-hardened over many ups and downs of the market, it manages pretty modest sums of money (just over Rs 4,000 crore). Its prudent and non-flamboyant ways to handle investors' money often go unnoticed. Who is it suitable for? This fund is mandated to invest in large-cap stocks. Such companies generally have stable businesses and their stocks are highly liquid. Therefore, they tend to be relatively less volatile than the stocks of smaller companies. But unlike the latter, they are not expected to turn into multibaggers. These attributes make the fund suitable for conservative equity investors who want to invest for long
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