The investment objective of the Scheme is to provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
The scheme offers regular plan and direct plan for investment. Both plans offer growth option and dividend option. Dividend option has sub-options of dividend payout, dividend reinvestment & dividend sweep.
The scheme would allocate 65%-100% of assets in equity and equity related instruments and equity derivatives with high risk profile and invest upto 35% of assets would be allocated to debt, (including money market instruments, securitized debt & units of debt and liquid category schemes) & Cash with low to medium risk profile.
The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.
The minimum additional amount is Rs 1000 and in multiples of Re. 1/- thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 10 crore under the scheme during the NFO period.
Entry load: Not Applicable
Exit load: 1% of the applicable NAV, if redeemed on or before expiry of 365 days from the date of allotment.
Benchmark Index for the scheme is CRISIL Hybrid 35+65 - Aggressive Index.
The fund managers of the scheme are Rahul Singh, Sonam Udasi, Sailesh Jain & Akhil Mittal.
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