DATE OF LAUNCH
1 JAN 1995
CATEGORY
EQUITY
TYPE
FLEXI CAP
AUM*
Rs.69,639 crore
BENCHMARK
NIFTY 500 TOTAL
RETURN INDEXWHAT IT COSTS
NAV**
GROWTH OPTION
Rs.1,920.94
IDCW
Rs.76.15
MINIMUM INVESTMENT
Rs.100
MINIMUM SIP AMOUNT
Rs.100
EXPENSE RATIO# (%)
1.41
EXIT LOAD
1% for redemption within 365 days
*AS ON 31 MAR 2025
**AS ON 30 APR 2025
#AS ON 31 MAR 2025
FUND MANAGER
ROSHI JAIN
2 YEARS, 9 MONTHS
Recent portfolio changes
New entrants
NCC, Oil And Natural Gas Corporation, Tata Consultancy Services (Feb)
Complete exits
ITC Hotels (Feb)
NCC, Whirlpool Of India (Mar)
Should You Buy
This fund (previously HDFC Equity) has seen a notable shift in investment approach after a change in fund manager. Earlier managed with a distinct contrarian stance by veteran fund manager Prashant Jain, the new fund manager Roshi Jain focuses on quality stocks with strong growth visibility and a margin of safety in valuations. The fund’s earlier approach historically lent a high degree of volatility in outcomes, with alternating bouts of sharp underperformance, followed by sharp upswings in return profile. In recent years, the fund has exhibited better consistency in outcomes, with a significantly improved risk profile. It has once again emerged as a worthy pick in its category.
