Tata Equity Opportunities fund is an open ended Equity Diversified fund with an objective to generate capital by investing in equity and equity related instruments of well researched value and growth oriented companies. However, over the years, this fund has failed to maintained consistency in its performance. Financial advisor Arnav Pandya advices conservative investor to wait until the performance of the fund stabilises before investing.
Nature: Diversified Equity
Inception: February 1993
Assets under Management: Rs 278 crore at the end of June 2012
Fund Manager: Bhupinder Sethi & Dinesh Dacosta
The fund invests across market caps to benefit from opportunities in the equity markets. At the end of June 2010, the fund had the highest sector exposure to software at 12 per cent of the total portfolio followed by Banks and Pharma. The amount in cash and cash equivalents was negligible and Infosys was the top holding with an exposure of just over 4 per cent