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This fund has very high risk Benchmark(s) : Nifty 500 Benchmark(s) : Nifty 500
18,912.06 Cr AUM 
As of 30/09/2025 
3,71,000 Existing Investors As of 30/09/2025 Existing Investors As of30/09/2025
3,71,000 As of30/09/2025
As of30/09/2025 3,71,000 As of30/09/2025 Fund Size As of 30/09/2025
18,912.06 Cr As of 30/09/2025
As of 30/09/2025 18,912.06 Cr As of 30/09/2025 - Expense Ratio[#] As of 30/09/2025 1.69%
- NAV As of 13/11/2025 1,670.1664
- An open ended equity fund which invests in companies across market capitalization.
- It is suitable for investors seeking long term wealth creation with relatively higher volatility and return potential than large cap equity funds.
How does the fund work?
- The fund has the flexibility to invest across large, mid and small sized companies with allocations ranging from 0 to 100% in each market cap segment.
- It aims to manage the market cap allocations based on relative opportunities available.
- The fund has consistently declared a dividend every year for the last 25 years.
Fund Video - The fund has the flexibility to invest across large, mid and small sized companies.
- It aims to manage the market cap allocations based on relative opportunities available.
- The fund has consistently declared a dividend every year for the last 20 years
The recommended investment horizon is “5 years or more”
Alternative To
Investments in Large, Mid and Small Cap Companies
Suitable For
Retirement Corpus
Long Term Wealth Creation
Education Corpus
As on 31/10/2025
- HDFC Bank Ltd. (Banks)
- ICICI Bank Ltd. (Banks)
- Bharti Airtel Ltd. (Telecommunication Services)
- Larsen & Toubro Ltd. (Capital Goods)
- Axis Bank Ltd. (Banks)
- Infosys Ltd. (Software & Services)
- Reliance Industries Ltd. (Energy)
- Eternal Ltd (Consumer Services)
- Kotak Mahindra Bank Ltd. (Banks)
- Mahindra & Mahindra Ltd. (Automobiles & Components)
Portfolio Current Allocations As of 31/10/2025
Top Holdings % of Total
HDFC Bank Ltd.
8.41%
ICICI Bank Ltd.
7.41%
Bharti Airtel Ltd.
4.70%
Larsen & Toubro Ltd.
4.34%
Axis Bank Ltd.
4.21%
Portfolio Composition
Equity (96.33%) Fixed Income (0%) Cash & Cash Equivalents (3.67%)
Sector Breakdown % of Equity
Banks
25.41%
IT - SOFTWARE
7.35%
Telecom - Services
6.05%
AUTOMOBILES
5.03%
Retailing
4.65%
View Portfolio NAVs & Other Details
Fund Managers
Janakiraman Rengaraju
Managing this fund since 01/02/2011
View all funds managed by him/her View all funds managed by him/her 
Rajasa Kakulavarapu
Managing this fund since 01/12/2023
View all funds managed by him/her View all funds managed by him/her 
Sandeep Manam
Managing this fund since 18/10/2021
View all funds managed by him/her View all funds managed by him/her Scheme Details
| Inception | 29/09/1994 |
| Benchmark(s) | Nifty 500 |
| Entry Load | Nil |
| Exit Load | In respect of each purchase of units - 1% if the units are redeemed/switched-out within one year of allotment |
| AUM (Month end) | 18912.06 crores |
| Minimum Investment/Multiples for Fresh Purchase (₹) | 5000/1 |
| Additional Investment/Multiples thereof (₹) | 1000/1 |
Financial Ratio
| Standard Deviation | 3.57 % |
| Sharpe Ratio** | 0.98 |
| RSquared Ratio | 0.96 |
| Risk-free Rate | 5.69% |
| Portfolio Turnover | 19.09% |
Managed funds by
Fund Documents
As on October 31, 2025 (Uploaded on November 07, 2025) Product Label and Riskometer as on October 31, 2025
This product is suitable for Investors who are seeking*:
- Long term capital appreciation
- Investing in large, mid and small cap stocks
The risk of the scheme is Very High risk.
*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.
The risk of the benchmark is Very High risk
Riskometer of Benchmark:Nifty 500
Disclaimers
IDCW - Income Distribution cum Capital Withdrawal
**The information given here is neither a complete disclosure of every material fact of Income-tax Act 1961 nor does it constitute tax or legal advice. Investors are requested to review the scheme documents carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
* All portfolio holdings are subject to change. The information stated above does not constitute an investment advice or recommendation to subscribe or transact in these securities.
** Annualized risk free rate assumed to be FIBL Overnight MIBOR
[#] The rates specified are the actual expenses charged as at the end of the month. The above ratio includes the GST on Investment management fees. The above expense also includes proportionate charge in respect sales of beyond T-30 cities subject to maximum of 30 bps on daily net assets wherever applicable.
[1] Includes service tax on Investment Management fees.
[2] Pre fund expenses.
[3] Modified duration of floating rate securities is calculated based on the next reset date.
Past performance may or may not be sustained in the future.
SIP returns are assuming investment made on first business day of every month and not disclosed for closed-end funds. Returns greater than 1 year period are compounded annualized. For liquid funds, the less than 1 year returns are simple annualized. Load has not been taken into consideration. Performance of dividend plan / option would be at the gross rates. Dividends are assumed to be reinvested and Bonus is adjusted. For equity oriented funds, additional benchmark chosen is Nifty 50. Given the asset allocation, hybrid fund performance are not comparable with pure equity/debt fund performance and that of Additional Benchmarks.
Disclaimer :
## Effective January 29, 2021.
Past performance may or may not be sustained in future. Pursuant to payment of income distribution cum capital withdrawal (IDCW), the NAV of the scheme will fall to the extent of payout and statutory levy (if applicable)
The income distribution cum capital withdrawal (IDCW) rates could be inclusive of statutory levy, if any. The income distribution cum capital withdrawal (IDCW) received by investors will be net of statutory levy (as applicable).
The income distribution cum capital withdrawal (IDCW) payout post 1st April 2020 shall be subject to tax deducted at source i.e. TDS, as applicable.
Benchmark returns calculated based on Total Return Index Values. As TRI data is not available since inception of the scheme, benchmark performance is calculated using composite of ($ Nifty 500 PRI values from 29.09.1994 to 26.11.1998 and TRI values since 26.11.1998, * Nifty 50 PRI values from 29.09.1994 to 30.06.1999 and TRI values since 30.06.1999)
