Kolkata, May 2
TATA MF's scheme based on the price-earnings ratio concept maintains a diversified portfolio of stocks chosen from among a number of sectors. It has provided about 34 per cent to investors since its launch in June last year.
Tata Equity P/E Fund, which picks up companies whose trailing P/E at the time of investment is lower than the trailing P/E of BSE Sensex, has heavy exposure to stocks such as ONGC (5.67 per cent), Amtek Auto, Tisco, HPCL and BILT, the last available portfolio statement indicates.
The scheme has placed large bets on sectors such as metals & metal products, energy, auto, financial services and FMCG. Its NAV, Rs 13.43 on April 29, is down from the 52-week high score of Rs 14.75.