Among multi-cap schemes, Birla Sun Life Equity has distinguished itself as the only one which has been in the top three best performing schemes in the past one-, three and five-year periods. So, what strategy has worked for the scheme's fund manager Anil Shah who has been managing the scheme since 2012?
There are a few factors which have worked in Shah's favour. He uses a combination of top-down and bottom-up approach in selecting stocks depending upon the macro view of a sector.