NFO period: 18^th May – 24^th May, 2023

Highlights of the NFO:

• Scheme type – An open-ended scheme tracking S&P BSE Sensex Index


• Investment objective – The investment objective of the scheme is to replicate the composition of the S&P BSE Sensex Index and to generate returns that are commensurate with the performance of the S&P BSE Sensex Index, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long-term capital appreciation. Passive investment in stocks comprising the S&P BSE Sensex in the same proportion as in the index to achieve returns equivalent to the total returns index of S &P BSE Sensex Index.


• Minimum Application Amount – First investment is Rs.5,000/- 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. Under the IDCW option, facility for Payout of Income Distribution cum capital withdrawal option (IDCW Payout), Reinvestment of Income Distribution cum capital withdrawal option (IDCW Re-investment) & Transfer of Income Distribution cum capital withdrawal plan (IDCW Transfer).


• Fund Manager – Mr. Raviprakash Sharma


• Benchmark – S&P BSE Sensex TRI