India’s growth to drive long term performance of equity markets. The number of middle class households in India is expected to grow from 6.5% in 2005 to 45% in 2020. India 2009: A USD 972 billion economy with a per capita income of USD 812.
Investment Approach - Provide long term capital appreciation, whilst managing risks that lead to downside volatility
Benchmark - S&P CNX Nifty
Performance Target - Endeavour to out-perform benchmark over 12 months
Asset Allocation - 80% Equity, 20% Debt
Portfolio Allocation -
Equities - 35-40 Stocks of which - Large Cap 70-80% + Mid Cap 20-30%
Chandresh Nigam is the Fund Manager who has 18 years of experience at various companies including - TCG Advisory, ICICI Prudential AMC & Zurich India AMC.
We are inclined to recommend investors to invest in established growth funds with track record.
