Shriram Mutual Fund has launched its ELSS called Shriram Long Term Equity Fund. The NFO of the fund which is currently open for subscription will close on January 18, 2019.
Kartik Soral, Senior Fund Manager, Shriram Mutual Fund and his team will adopt a multi cap strategy, albeit with a little more aggression. In a note sent to Cafemutual, the fund house said, “The investment team has a clear focus and would not get affected by intermittent local/global situations/events, arising out of short-term oriented decisions. Our internal research has often inferred that such impacts/volatilities are usually short term in nature and over long term, fundamental economic factors guide the markets.”
The investment team believes in key investment principles like top down and bottom-up approach, with eye on downside protection of margin, arrival at entry price levels from over 250 well researched stocks, said the fund house.
Shriram Mutual fund has started its business two years back.
