Utpal Sheth brings Rakesh Jhunjhunwala’s investment playbook to mutual funds

Utpal Sheth worked closely with the late investor Rakesh Jhunjhunwala for many years.

Sheth helped build a careful system for choosing companies that could grow a lot over a long time.

He now uses similar ideas through TRUST Mutual Fund.

The strategy looks for powerful businesses, big long-term trends, and valuable things such as technology or skilled people.

TRUST’s Flexi Cap and Small Cap funds have performed better than their stated benchmarks since they began.

However, the funds invest heavily in smaller and faster-growing companies.

Their portfolios also change frequently and are concentrated in a few sectors.

Because the funds are relatively new, their future risk and returns are not yet fully known.

The article says investors should consider their goals, time horizon, and ability to tolerate losses before investing.