Bench Mark : BSE 500

  Unique Features :

1. The Portfolio endeavors to generate capital appreciation by investing in companies that are undervalued compared to their long term earning potential.
2. The Portfolio will invest in emerging jewels of Indian Business landscape.
3. The holding periods of individual stocks tend to be high as the necessary drivers for the expected growth could fall in place over a period of time.
4. The performance of the portfolio may not move in line with the overall markets and could significantly under perform or outperform the markets at various point of time.
5. The Vision Portfolio will generally be a more concentrated portfolio.
6. It can be used as diversification portfolio.
7. Various parameters may be used to judge the degree of under valuation of the stocks including, but not limited to, price/earnings (p/e), price/book (p/book), dividend yield (DY), price/cash flow, replacement cost, valuations relative to history/sector/markets, etc. Due attention will be paid to qualitative parameters such as management quality, industry prospects, liquidity etc.

  Sectoral Composition

Focus on companies, which display

1. Scalable business model.
2. Large market opportunity.
3. Beneficiary of favorable economic cycle.
4. Valuations at steep discount to asset value.
5. May include under valued companies.