An open-ended equity scheme tracking NIFTY 50 Index
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.
There is no assurance that the investment objective of the Scheme will be realized.
March 24, 2020
Dividend (Re-investment and Payout)
Both Options have common portfolio.
Mr. Praveen Ayathan
Nifty 50 Index TRI (Total Return Index)
Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)
0.70% (As on 30th June 2021)
0.25% (As on 30th June 2021)
If the Units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 Month from the date of allotment: Nil
If Units redeemed or switched out are over and above the limit within 1 month from the date of allotment: 1% of applicable NAV
If Units redeemed or switched out on or after 1 month from the date of allotment: Nil
Rs. 5,000 per application
Rs. 1,000 per application
Rs. 500 or 50 Units or the account balance whichever is lower
This product is suitable for investors who are seeking*
Long term capital appreciation
Investment in equity securities covered by the NIFTY 50
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
|Indicative Allocation (% of net assets)||Risk Profile|
Equity and equity related securities covered by Nifty 50 Index
||Medium to High
Debt & Money Market Instruments*
|5%||0%||Low to Medium