Launching Tata Focused Equity Fund

Select Right, Swing Hard

Fund Name” TATA Focused Equity Fund

NFO period: 15th November’19 – 29th November 2019 (Fund Open Now for Buying & Selling Units)
Fund Manager: Rupesh Patel
Benchmark: S&P BSE 200 TRI

About the fund

High conviction ideas with meaningful allocation. A concentrated portfolio of not more than 30 stocks.

Selection and Allocation

Selecting the dream team and positioning the players both are crucial to a winning game. Imagine the Top Batsmen going in when the team is out of overs. Or the best bowlers being overlooked while allocating fielding overs !!

Fund Traits

🎯 Concentrated
🎯 Active positions (not driven by BM)
🎯 No Market Cap bias
🎯 No Sector preferences
🎯Low Churn

Stock Selection Criteria

▪Companies with long runway for growth
▪Ability to grow earnings sustainably
▪Efficient capital management
▪ Management quality

Benefits of Focused strategy

🎯 High conviction ideas can be backed by high allocation as for a winning portfolio stock selection and allocation both are important
🎯 Higher concentration helps as exceptional performance of a few stocks compensates for underperformance of others increasing the chances of decent overall portfolio returns
🎯 Diversification beyond certain number of stocks has limited benefits
🎯 To capitalize on wide divergence of performance across sectors and within sectors too.