NFO period: 08^th April – 22^nd April, 2024

Highlights of the NFO:

• Scheme type – An open-ended scheme replicating/tracking Nifty Auto Index (TRI)


• Investment objective – The investment objective of the scheme is to provide returns, before expenses, that are in line with the performance of Nifty Auto Index (TRI), subject to tracking error. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.


• Product suitability – This product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments comprised in Nifty Auto 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 & Income Distribution cum capital withdrawal Option. Income Distribution cum capital withdrawal option under each Plan further offers of choice of Payout of Income Distribution cum capital withdrawal Option, Reinvestment of Income Distribution cum capital withdrawal Option.


• Fund Managers – Mr. Kapil Menon


• Benchmark – NIFTY Auto Index (TRI)