The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity & equity related instruments of companies along with income tax benefit.
The scheme offers growth and dividend option with payout and switch facility.
The scheme will allocate 80%-100% of assets in equities, cumulative convertible preference shares and fully convertible debentures and bonds of companies with high risk profile and invest upto 20% of assets in money market instruments with low to medium risk profile.
The minimum application amount is Rs 500 and in multiples of Rs 500 thereafter with no upper limit.
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: Nil
The scheme`s performance will be benchmarked against S&P BSE 200 Index.
The scheme will be managed by Lalit Nambiar.
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