As of June 2024, the fund's assets under management stood at ₹13,358 crore, an increase from ₹7,285 crore in June 2021.
The fund has been managed by Venugopal Manghat, Sonal Gupta, and Gautam Bhupal since November 2012, July 2021, and October 2023, respectively.
The primary investment objective of the scheme is to achieve long-term capital appreciation through a diversified portfolio invested in equity and equity-related instruments, focusing on undervalued securities.
Trailing returns
Over the past six months, as well as in one-, two-, three-, five-, seven-, and 10-year trailing periods, the fund has outperformed both its benchmark (Nifty 500 Total Return Index) and its peers (funds ranked under the value/contra fund category in the June 2024 CMFR).
This story is from the October 28, 2024 edition of Business Standard.
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This story is from the October 28, 2024 edition of Business Standard.
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