The investment objective of the scheme is to seek to generate capital appreciation by investing in a portfolio of select equity and equity linked securities across market caps.
The scheme shall offer two options i.e. growth and dividend option under both regular and direct plan. Dividend has dividend re-investment, dividend payout and dividend sweep facility.
The scheme shall invest 65% - 100% of assets in equity & equity related instruments across market caps with high risk profile and invest upto 35% of asset in debt and money market instruments with low risk profile.
The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.
The minimum additional application 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: Nil
Exit load: 1% if units are redeemed or switched out on or before completion of 1 year from the date of allotment. Nil thereafter
The performance of the scheme will be benchmarked against S&P BSE 500 Index.
Vinay Paharia is the fund manager of the scheme.
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