Tata Equity P/E Fund: Outperformer in rallying markets

Launched in June 2004, Tata Equity P/E Fund is classified under the diversified equity funds category of CRISIL Mutual Fund Ranking. It has featured in the top 30 percentile (CRISIL Fund Rank 1 or 2) in the past six consecutive quarters ended September 2017. The fund’s month-end assets under management (AUM) increased close to four times in the past three years to Rs 2,067 crore in October 2017.
 
The fund’s investment objective is to provide reasonable and regular income and/or possible capital appreciation. It is currently managed by Sonam Udasi.
 
Performance
 
The fund has generated considerable alpha