Launched in June 2004, the scheme has consistently outperformed its benchmark, the Nifty 500 – TRI, delivering impressive returns. Over a decade, the scheme provided a 17.04% return compared to the benchmark’s 15.27%. In the past five years, it yielded 21.14%, surpassing the benchmark’s 19.76%. The scheme achieved a remarkable 25.78% return over three years, whereas the benchmark returned 19.81%.
Ashi Anand sees defence indigenisation as key growth driver
IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India