NFO period: 06th August – 20th August, 2024
Highlights of the NFO:
- Scheme type – An open ended scheme replicating/tracking Nifty500 Multicap 50:25:25 Index
- Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability – The product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the Nifty500 Multicap 50:25:25 Index, over long term, subject to tracking error. By investing in equity securities covered by the Nifty500 Multicap 50:25:25 Index.
- Minimum Application Amount – First investment is Rs. 100/- and and any amount thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.
- Fund Managers – Mr. Nirman Morakhia and Mr. Arun Agarwal
- Benchmark – Nifty500 Multicap 50:25:25 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)