Several investors are concerned that since both stocks are among the widely held scrips in their portfolios, it could result in a fire sale of the entity at a beaten-down price.
Launched in June 2004, the scheme has offered 18.09% returns in 10 years, 10.82% returns in five years, 23.48% in three years, and 26.33% in one year. During the same time period the benchmark (Nifty 500 - TRI) offered 15.29%, 12.97%, 24.71%, and 21.77% returns respectively.
Why L&T India Value Fund is a good bet for investors with a moderate risk appetite
Yoganand D
BL Research Bureau |
Updated on
April 17, 2021
The fund’s strategy of taking advantage of valuation anomalies is promising
To ride out the market volatility that has been on since mid-January 2021, equity funds that adopt a value-oriented investment strategy could be a better bet for investors with a moderate risk appetite and willingness to stay invested for the long term.
The over 11-year-old L&T India Value fund, with a satisfactory long-term track record, is a good option in this category, given its strategy of taking advantage of valuation anomalies, typically caused when companies experience temporary setbacks that tend to push their stock price down. The fund’s multi-cap approach provides it with the flexibility to shift allocations across the market-cap spectrum and adjust risk depending on the market scenario. To lower investment costs, consider investing via the Systema