Fund Objective
The primary objective of the Scheme is to generate long-term capital appreciation by investing in equity or equity related instruments across market capitalization of companies derive the majority of their income from business in the Services sector of the economy. However, there can be no assurance that the investment objective of the scheme will be realized.
Notes
The scheme aims to generate long-term capital appreciation by investing in companies that derive the majority of their income from businesses operating in the services sector of the economy. India`s service sector is an essential part of its economy, contributing significantly to GDP, driving job creation, and enhancing global competitiveness. The ongoing digital transformation and policy reforms continue to shape its trajectory, ensuring its crucial role in India`s economic future. The diversity within the services sector not only contributes to economic output but also provides employment opportunities for millions of Indians, accounting for significant workforce.