NFO period: 06th April – 18th April, 2023
Highlights of the NFO:
- Scheme type – An open ended scheme replicating/tracking S&P BSE 500 Index
- Investment objective – To generate returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized.
- Product suitability – The product is suitable for investors who are seeking returns that are commensurate (before fees and expenses) with the performance of the S&P BSE 500 Index (TRI) over long term, subject to tracking error by investing in equity securities covered by the S&P BSE 500 Index.
- Minimum Application Amount – First investment is Rs. 100/- 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 – S&P BSE 500 Total Returns Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)