By Rajendra Sep 05, 2022
Fund has a low portfolio overlap (25%) against its benchmark
Runs a concentrated portfolio of 49 stocks
– Overweight on Materials, Consumer Staple and Industrial sectors
– Currently Fund is invested 10% Large cap, 66% Mid cap & 18% Small caps
Fund invests in midcap stocks in accordance with the investment objective & asset allocation.
Stock selected valuation parameters, growth, asset returns, cash flows etc.
Also business conditions, product profile, brand equity, market share, research
Top 40-45% - Company - stable earning & strong earning visibility
Middle 40-45% - Strong earnings growth
Bottom 10-20% - Turn around stories / good company going through bad time
Timken India - 4.17
ABB – 3.64
HDFC Bank - 3.51
Top 5 Overweight
TVS Motor - 2.97
Dalmia Bharat - 2.75
Adani Total Gas - 4.79
Tata Power - 2.10
BEL - 1.83
Top 5 Underweight
Tata Elxsi - 1.63
Page Inds - 1.61
HDFC Bank Persistent
ABB Indian Hotels
TVS Motors Cummins
Timken Varun Beverage
Dalmia Kajaria
No of Stock
Top10 Equity Holding
AUM
49
35.08%
6,022 Cr
Period
1 Year
3 Year
5 Year
Returns
9.67%
41.07%
19.23%
Caption