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Monday 24 September 2018

ADITYA BIRLA SUN LIFE EQUITY Fund

3 year return: 13.92%

Fund Manager: Anil Shah

Top 10 holdings: 35.7%

One of the key variables the scheme's fund manager has kept in mind while selecting companies in the portfolio is free cash flow. Besides, having a large-cap bias which ensure high-growth sectors. Shah has been prompt enough in buying companies which have shown noticeable improvement in cash flows either through selling non-core assets or reducing debt. This has largely worked for the scheme. Also, the fund has preferred companies which have high earnings visibility, rather than being particularly concerned about their valuations. These factors have helped the fund in creating a diversified portfolio which would largely cover high-growth stories. A few prominent companies that have spruced up the scheme's returns are Tech Mahindra, Maruti Suzuki and Tata Steel.



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