An open ended equity scheme following a value investment strategy

Value investment strategy with an aim to participate in investment opportunities across all sectors and market capitalization. Fund endeavors to invest in undervalued stocks having the potential to deliver long term relatively better risk-adjusted returns. Undervalued stocks will be identified based on the evaluation of various factors including but not limited to stock valuation, financial strength, cash flows, company’s competitive advantage, business prospects and earnings potential.

June 8, 2005

Dhrumil Shah w.e.f Jan 01 2023
Meenakshi Dawar

Nifty 500 TRI

Monthly Average :	₹ 4,824.34 Cr
Month End :	₹ 4,748.97 Cr

Growth Plan	₹124.7061
IDCW Plan	₹31.5105
Direct - Growth Plan	₹134.1525
Direct - IDCW Plan	₹45.5594

Entry Load:	Nil
Exit Load:	10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load, Redemption of units would be done on First in First out Basis (FIFO): • 1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units. • Nil, thereafter.

Standard Deviation	6.87
Beta	0.99
Sharpe Ratio	0.16
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

0.31

Regular/Other than Direct	1.94
Direct	1.21

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.