ET Wealth works with Value Research to analyze the best mutual funds. We take a look at the main fundamentals of the fund, its portfolio and its performance to help you make an informed investment decision.

HOW DID THE FUND BEHAVIOR?

With a 7-year return of 14.81%, the fund significantly outperformed both the benchmark return (9.31%) and the category average (8.27%).

Growth of Rs 10,000 vis-à-vis the category and the benchmark

BASIC FACTS

Release date: April 4, 2008

Category: Equities

Type: Large Cap

Average AUM: Rs 4,737.94 cr

Benchmark: S&P BSE 200 Index

WHAT IT COINS

Net asset values ​​(as of October 25, 2017)

Growth option: Rs 46

Dividend option: Rs 20

Minimum investment: Rs 5,000

Minimum SIP amount: Rs 1,000

Spending rate (as of Sep 30, 2017) (%): 2.39

Exit charge: 1% for redemption within 365 days

THE HEAD OF FINANCING

Neelesh Surana

Duration: 9 years and 4 months

Education: BE, MBA

WHERE IS THE FUND INVESTING?

WHAT IS THE RISK ?

Anywhere where not specified, data as of September 30, 2017. Source: Value Research

SHOULD YOU BUY?

This fund continues to embellish its enviable track record, being poised to end another year outperforming both the benchmark and its peers, which it has done consistently over each of the past eight years. The degree of outperformance also continues to impress, despite the alpha decline in the large cap category.

The fund is heavily biased towards large caps, but the average market capitalization of its portfolio is well below the category average. This is due to its relatively higher investment in emerging large caps. The fund manager emphasizes stock selection and does not take sector calls.

The fund’s ability to outperform in both a bullish and bearish market has enabled it to maintain a superior risk-return profile in its category. It remains a top choice in the large-cap fund space.