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Thursday, April 27, 2006

Sundaram Select Midcap * A Midcap Rocket *

Started in August 2002 the very first fund of its kind it has given superlative return since then and is now at nav of 83.48 which means 1 lac invested then would have become 8.348 lac or rupees.
This is one of the very few really consistent fund as it has delivered in all the circumstances be it be rising sensex or falling sensex.
Considering its return this yr it is number in the top 5 slot and number 1 in six month return with 72% return and none of its peer grpup even managed more than 65% return.
With assest base of just more than 600 cr this makes it easy for the fund manager to get into and out of the stocks quickly. And talking about it porfolio this has major investemetn in the evergreen stocks as Kalpatru power ( Real Estate major), Balarmpur Chini & Bajaj Hindustan ( Sugar giant), Laxmi Machine works, Ansal Properties and infrastructure and many more hidden gems.
Considering all the aspects I would urge all the fund investor to have exposure to this fund and I have invested in this a yr before as well as recently around 1 lac.

1 comment:

Raghav said...

What is ur take on Sundaram Rural Fund

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