The investment strategy of the Scheme is to build and maintain a diversified portfolio of “Large-cap Companies” that have the potential to appreciate in the long run. For the purpose of the Scheme, “Large-cap Companies” are those companies with market capitalization greater than or equal to that of the company with the lowest market capitalization in the CNX Nifty Index. Companies identified for selection in the portfolio will have demonstrated a potential ability to grow at a reasonable rate for the long term. The aim will be to build a portfolio that adequately reflects a cross-section of the growth areas of the economy from time to time. While the portfolio focuses primarily on a buy and hold strategy at most times, it will balance the same with a rational approach to selling upon anticipated price appreciation being achieved or being no longer possible due to a change in fundamental factors affecting the company or the market in which it competes, or due to the availability of an alternative that, in the view of the Fund Manager, offers superior returns.
Also, the Scheme intends to invest and maintain at least 50% of its net assets in the top 10 equity and equity related instruments of its portfolio. The aforesaid strategy shall help create a portfolio of focused but diversified securities of large-cap companies.