The fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on companies engaged in consumption and consumption related sectors or allied sectors. There is no assurance that the investment objective of the Scheme will be achieved.
The scheme aims to generate capital appreciation by investing predominantly in equity and equity related securities with a focus on companies engaged in consumption and consumption related sectors or allied sectors. The indicative list of sectors that the scheme would invest in: FMCG Consumer non-durables Automobile and Auto Components Telecommunication Consumer Services Media & Entertainment Consumer Durables Consumer focused E-Commerce & Fintech Lending Financials Textiles Pharmaceutical & Healthcare Power Realty/Hotels Hospitality Please note that the above list is indicative, and the Fund Manager may add such other sector/industries which satisfy the consumption theme. The fund Manager may also add other sectors as may be added in Nifty India Consumption Index from time to time. The scheme would be agnostic to market capitalization and may take concentrated exposure to specific stocks. It aims to capitalize on the diverse investment opportunities within the consumer investment theme, which responds to enduring changes in both emerging and developed markets. Rather than focusing solely on the consumer sector, the fund will target a broad spectrum of sectors benefiting from increased consumption. The fund manager may not have any bias towards particular market cap or style in selecting investment opportunities. The scheme may also invest some portion of the investible funds in equity and equity related securities of companies other than in the companies engaged in consumption space or allied activities. An exposure to various derivatives instruments is likely - for the purposes of hedging, portfolio balancing and optimizing returns. In case of Debt and Money Market securities, the scheme aims to identify securities which offer optimal level of yields/returns, considering risk-reward ratio. With the aim of controlling risks rigorous in depth credit evaluation of the securities proposed to be invested in will be carried out by the Risk Management team of the AMC. The credit evaluation includes a study of the operating environment of the issuer, the short as well as long-term financial health of the issuer. The AMC may consider the ratings of such Rating Agencies as approved by SEBI to carry out the functioning of rating agencies. The scheme may also invest in Units issued by REITs & InvITs after doing due research on the same. The scheme may also invest in preference shares. Further, the Scheme may invest in other schemes managed by the AMC or in the Schemes of any other Mutual Funds, provided it is in conformity with the prevailing Regulations. As per the Regulations, no investment management fees will be charged for such investments. The Scheme may use derivative instruments like Interest Rate Swaps, Interest Rate Futures, Forward Rate Agreements or other derivative instruments for the purpose of hedging, portfolio balancing and other purposes, as permitted under the Regulations. Hedging using Interest Rate Futures could be perfect or imperfect, subject to applicable regulations. Usage of derivatives may expose the Scheme to certain risks inherent to such derivatives. It may also invest in securitized debt. The scheme may undertake repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such an investment shall be made subject to the guidelines which may be prescribed. For the present, the Scheme does not intend to enter into underwriting obligations. However, if the Scheme does enter into an underwriting agreement, it would do so with the prior approval of the Board of the AMC/Trustee.
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