Franklin India High Growth Companies Fund is one such scheme which is value conscious and selects companies which are likely to deliver higher earnings growth than the market. Fund managers Anand Radhakrishnan, Roshi Jain and Srikesh Nair follow key valuation parameters such as enterprise value, price-to-earnings' growth ratio, forward price-to-sales ratio and discounted earnings per share in selecting companies for investments. Taking into account these valuation parameters, the fund managers invest in companies that are poised for high growth in their respective sectors.Choosing companies based on these parameters has resulted in the scheme performing very well, especially over a long period of time. In the past six months, the fund managers have bought in value-picks which were under-performers, but are now rising. A few prominent companies are State Bank of India, Axis Bank and NTPC.

Source: Economic Times November 07, 2017 04:07 UTC