Current NAV: Rs 3.89
Return since launch in Feb-2008: (-) 26% annualised
3-year return: (-)22% against +5.6% for sensex
Corpus: Rs 213 cr
Is there anything more to be said?
Top holdings: LIC Hsg & ICICI Bk
Stocks held are individually ok (the usual MF types), but looks these guys have been pathetic with churning them. Perils of a concentrated portfolio backed by poor timing!
Edited by master - 30/Mar/2011 at 11:04pm