Also going by the recent encouraging railway freight traffic data, the scheme's fund manager has bought into Container Corporation of India Among diversified equity funds, in the past eight years, Mirae Asset India Opportunities has been one of the consistent performers.The scheme's fund manager Neelesh Surana has been consistent with the fund house's philosophy of selecting high growth businesses at reasonable prices. These companies are Tata Motors Housing Development Finance Corporation , Larsen & Toubro, Crompton Greaves and State Bank Of India . Increasing volatility in markets should be a signal for investors to look for consistent performers in mutual funds . At present, the scheme is invested in large-sized companies which are fundamentally sound but have been beaten down in the recent volatility.

Source: Economic Times August 08, 2016 20:26 UTC