The pioneer in venturing into the very small-cap or micro-cap space, this fund started on a poor note in 2008 on back of a bear run. However, with time it has turned around and done well for those who have invested in it. The patience to stick through a full market cycle will augur well for investors in this scheme. The fund’s mandate is to invest 65 per cent of assets in stocks that are not among the top 300 companies by market cap—this has resulted in a large portfolio, but it has rewarded those who have stayed with this fund.
Other funds based on growth:
