The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments and investments in debt and money market instruments.
The scheme offers growth option, dividend option; dividend option will have dividend payout and dividend reinvestment facility.
The scheme would allocate 65%-80% of assets in Equity and Equity Related Securities with high risk profile, invest 20%-35% of assets in Debt and Money Market Securities (including CBLO, Reverse Repo and units of liquid mutual fund schemes) with low to medium risk profile and upto 10% of assets in Units issued by REITs & InvITs with medium to high risk profile.
The minimum application amount is Rs 1000 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: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of Units.
Any redemption in excess of the above limit shall be subject to the following exit load:
An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 12 months from the date of allotment of Units;
Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units
The Scheme performance would be benchmarked against CRISIL Hybrid 25+75 - Aggressive Index.
The fund managers of the scheme are Srinivasan Ramamurty and Rahul Pal.
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