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Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

500.00

Incremental Inv

0.00

Open Date

Aug 03, 2026

Close Date

Aug 03, 2026

Nav Calculation

DAILY

Sub-category

Exchange Traded Funds (ETFs)

Risk Level

Very High

Fund Manager

Swapnil Mayekar

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to provide returns that, before expenses, closely correspond to the total returns of the securities as represented by Nifty Metal Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Notes

The Scheme will be managed passively with investments in stocks in the same proportion as in the Nifty Metal Index. The investment strategy would involve offering investment returns that are similar to the total returns of Nifty Metal Index before fees / expense and subject to tracking error. The scheme aims to invest in the constituent of Nifty Metal Total Return Index, in the range of 95% to 100%. The scheme would also invest in units of Liquid/ debt schemes, debt and money market instruments, in the range of 0% to 5%. As stated in the asset allocation table.