Top Mutual Funds
Jul 26, 2024
Category
AUM (Cr.)
70.57
Exit Load (%)
0.00
Min Inv Lumpsum
500
Expense Ratio
0.52
Sharpe Ratio
18.54
Beta Ratio
0.00
Fund Manager
Parijat Garg
Inception Date
Dec 28, 2022
Risk Level
Very High
Investment Objective
The investment objective of scheme is to invest in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index (subject to tracking error), while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. There is no assurance or guarantee that the investment objective of the Scheme would be achieved. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.