NFO period: 15^th January – 29^th January, 2024

Highlights of the NFO:

• Scheme type – An open ended Index scheme replicating Nifty50 Value 20 Index


• Investment objective – The objective of the scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.


• Product suitability – This product is suitable for investors who are seeking long term wealth creation solution. An index fund that seeks to track returns by investing in a basket of Nifty50 Value 20 Index stocks, subject to tracking error.


• Minimum Application Amount – First investment is Rs. 100/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal sub-option.


• Fund Managers – Mr. Nishit Patel, Ms. Priya Sharidhar and Mr. Kewal Shah


• Benchmark – Nifty50 Value 20 TRI