Fund Manager: Shreyash Devalkar Assets Under Management: ₹1,989 crore Top Holdings: HDFC Bank, Kotak Mahindra Bank, Maruti
RETURN: 20.42%
A stickler to quality and growth, the fund manager picks up companies with high ROE, superior quality cash flows and corporate governance. Post demonetisation, the fund manager was quick to spot money coming into the formal banking system and went overweight on banks and NBFCs, like HDFC Bank and Bajaj Finance. This along with being overweight on consumption and automobiles, participation in IPOs like Avenue Supermarts and Endurance Technologies helped the fund deliver superior returns. The fund avoided value traps like PSU banks, pharmaceuticals and information technology, which helped it stay ahead of its peers.
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