With stock indices at an all-time high, financial advisors believe it is time for investors to play safe and increase their equity allocation through large-cap funds. Given this scenario, one fund that finds favour with investors is Birla Sunlife Frontline Equity fund.The scheme has managed to perform in both bull and bear cycles, through prudent stock selection and timely shift across sectors. The fund is predominantly large-cap oriented.It invests about 85% of its corpus in large caps and the balance in mid and small-cap stocks. It has a long tail with the portfolio consisting of 70 stocks as the fund manager stays away from taking large concentrated bets, restricting individual stock exposure to not more than 5-6%. Having a higher exposure to cyclicals and lower exposure to IT has helped the fund stay ahead in the last one year.

Source: Economic Times May 15, 2017 23:15 UTC