Fund Manager: Harsha Upadhyaya
Assets Under Management:₹19,228 crore
Top Holdings: HDFC Bank, L&T, RIL
RETURNS: 15.33%
One of the key themes which helped the fund manager sail through demonetisation times is revival in the rural economy. Keeping this in mind, he bought in FMCG and auto companies. Besides rural recovery, he also focused on the consumer discretionary theme. Some of these companies which he bought in due to cheap valuations include Britannia, Godrej Consumer Products, Bata, Mahindra & Mahindra and Hero MotoCorp. To insulate the scheme's portfolio from any downfall, the fund manager was prompt enough to stay away from stocks which have been facing adverse business situation.
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