Positioning: Aggressively managed multi-cap fund.
Approach: Generate capital appreciation by taking active
sector, stock, trading and cash calls.
Style: A dynamically managed fund playing the mid-and smallcap
spaces with the cushion of an up to 35% in large-cap stocks.
Focused style that invests in a few themes and no more than
Benchmark: CNX Mid-Cap Index.
Cap-curve: Bias towards mid-and small-cap stocks cap stocks
(at least 65%); large-cap stocks: up to 35%.
Definition: Mid-& Small-cap stocks shall include 51st stock
onwards by market-cap in the NSE.
The Growth Option of the fund provides annualised returns of
13.3 per cent since launch; outpaces CNX Mid-Cap Index
by 2.3 percentage points on an annual basis.
A monthly SIP of Rs.1000 since launch - a total investment of Rs 82,000 is now worth Rs 97,414.
Dividend paid-out of 160.0% (Rs.16.0 for every unit of Rs.10) since
launch in Feb 2005. (Refer disclaimer for detailed dividend
payout history). Dividend is on a face value of Rs 10 per unit.
After payment of dividend the NAV will fall to the extent of
A beta of 1.0 as compared to benchmark indicates excess
returns attributable to the quality of sector and stock selection.
(Beta indicates the extent to which trends in the NAV are
influinsed by movement in the benchmark)
Track record of a fund house with acclaimed record for several
years in a row.
Suitability: Investments are suitable for investors with a three to
five- year horizon.
Source for performance & dividend information: Fact Sheet