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NRI

Category

Equity

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

1,000.00

Incremental Inv

1,000.00

Open Date

Jan 21, 2025

Close Date

Feb 04, 2025

Nav Calculation

DAILY

Sub-category

Equity - Diversified

Risk Level

Very High

Fund Manager

Sanjay Chawla

Repurchase/Redemption

Fund Objective

The investment objective of the Scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power. The Scheme does not guarantee/indicate any returns. There can be no assurance that the scheme`s objectives will be achieved

Notes

The Scheme will invest 80% of its net assets in companies belonging to the Energy theme. The Scheme will invest upto 20% of its net assets in companies other than those engaged in Energy theme. The Scheme may also invest a small portion of its corpus in money market instruments to manage its liquidity requirements. The Scheme will be actively managed and will follow a bottom-up approach to stock-picking and choose companies which are expected to benefit from the growth in the Energy space. The Fund Manager will have the discretion to invest in all those sectors / areas which are engaged either directly or indirectly in the traditional & new energy sectors. Traditional energy includes but is not limited to sources of energy such as crude oil, natural gas, coal and new energy refers to renewable energy such as hydropower, solar, wind among others.