An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit.

Seeks to maintain balance between large cap companies and mid cap companies. Endeavors to invest in potential leaders. Invest in companies with potential of high growth prospects over medium term (2-3 years). Generally, the fund has two or three sector calls at a time. They are mostly in-line of emerging market trends. Small percentage of portfolio is invested in contrarian calls.
Significant percent of outstanding equity of the scheme is invested in high conviction mid-cap companies. Significant allocation/exposure is taken in Multinational Companies (MNC’s). Attempt to have a balanced portfolio on a macro basis, allocating to themes like Domestic, Consumption & Defensive.

September 21, 2005

Rupesh Patel
Ashutosh Bhargava (Co-fund manager)

Nifty 500 TRI

Monthly Average :	₹ 11,798.54 Cr
Month End :	₹ 11,546.41 Cr

Growth Plan	₹79.1537
IDCW Plan	₹26.2628
Annual IDCW Plan	₹15.4677
Direct - Growth Plan	₹85.4575
Direct - IDCW Plan	₹33.4785
Direct - Annual IDCW Plan	₹16.3593

Entry Load:	Nil
Exit Load:	Nil

Standard Deviation	7.09
Beta	1.02
Sharpe Ratio	0.11
Note: The above measures have been calculated using monthly rolling returns for 36 months period with 6.5% risk free return (FBIL Overnight MIBOR as on 31/01/2023).

Portfolio Turnover

0.25

Regular/Other than Direct	1.76
Direct	1.18

Past performance may or may not be sustained in future. It is assumed that a SIP of ₹10,000 each executed on 10th of every month including the first installment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.
B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.
For scheme performance please click here. For Fund manager wise scheme performance click here.