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Partner With Us NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

1,000.00

Open Date

Feb 07, 2022

Close Date

Feb 18, 2022

Nav Calculation

DAILY

Sub-category

Equity - Index

Risk Level

Very High

Fund Manager

Nemish Sheth

Repurchase/Redemption

Fund Objective

The investment objective of the Scheme is to replicate the Nifty 100 index by investing in securities of the Nifty 100 Index in the same proportion / weightage with an aim to provide returns before expenses that closely correspond to the total return of Nifty 100 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.

Notes

Equity: The Scheme will be managed passively with investments in stocks in a proportion to the weights of these stocks in the Nifty 100 Index. The investment strategy would revolve around reducing the tracking error to the least possible through rebalancing of the portfolio, taking into account the change in weights of stocks in the index as well as the incremental collections/redemptions from the Scheme.