The investment objective of the scheme is to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.
The plan shall offer direct plan and regular plan with dividend payout option.
The plan would invest 80% to 100% of assets in equity and equity related instruments with medium to high risk profile and invest upto 20% in debt, money market instruments and cash with low to medium risk profile. Investment in derivatives can be upto 50% of the Net Assets of the scheme.
The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the plan during the NFO period.
The scheme is proposed to be listed on BSE Limited.
Entry and exit load are not applicable.
Benchmark Index for the plan is S&P BSE 500 Index.
The fund managers of the scheme are Sankaran Naren and Ihab Dalwai. The investments under ADR / GDR and other foreign securities will be Managed by Priyanka Khandelwal.
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