The investment objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities, derivative strategies and debt and money market instruments.
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.
The scheme would allocate 65%-100% of assets in equity and equity related instruments including 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 Rs 500/- thereafter.
The minimum additional amount is Rs 1000 and in multiples of Rs 500/- 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: If redeemed / switched-out within 365 days from the date of allotment:
Upto 12% of units held by the investor: Nil
More than 12% of units held by the investor: 1% of applicable Net Asset Value (NAV)
If redeemed/switched out after 365 days from the date of allotment: Nil
Benchmark Index for the scheme is CRISIL Hybrid 35+65 - Aggressive Index.
The fund manager of the scheme is Kartik Soral.
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