Fund Manager, Bharat Shah, on his Strategy for Birla Balanced Fund.

Backed up by an impressive performance by the flagship Birla Advantage, Birla Balanced Fund mobilised Rs 335 crore during its initial offer in September 99. The fund took off at the peak of the rally with a 70 allocation to equities. Bharat Shah speaks about his strategy for Birla Balanced Fund. Q. For a balanced fund Birla Balanced has been rather aggressive. Your comments. BS: Our investment philosophy emphasis on capital appreciation in a risk adjusted manner. Investments in Birla Balance Fund have been made keeping in mind long-term appreciation prospects. In the recent past, so-called 'old technology' stocks have risen in price. We like to follow changes in intrinsic economics of the business, rathe