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NRI

Category

Equity

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

500.00

Incremental Inv

100.00

Open Date

Feb 10, 2025

Close Date

Feb 24, 2025

Nav Calculation

DAILY

Sub-category

Equity - Diversified

Risk Level

Very High

Fund Manager

Ashutosh Bhargava

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be achieved.

Notes

Nippon India Active Momentum Fund is an actively managed fund. To achieve the investment objective, the scheme will predominantly invest in equity and equity related securities of companies following Momentum theme. i.e. The fund is designed for investors with a long-term horizon, high-risk appetite, and who are willing to participate in the fund house`s omentum` thesis which is mathematically/quantitatively built to identify potential investment opportunities. This product would provide investors with an exposure to Momentum Investing as a strategy. The fund will adopt an active investment strategy and attempt to invest in a focused portfolio of around 30-40 stocks selected from the benchmark universe of NIFTY 500 stocks. The stocks will be selected based on a proprietary momentum strategy. Quantitative methods will be used for (i) screening mechanism to choose best picks and make the stock selection universe smaller, (ii) deciding on the portfolio weightage for better return as the investment will focus on company`s size and liquidity. Factor-based investing is an investment strategy that intends to target specific factors, or characteristics. These factors can include things like value, size, momentum, quality and low volatility through empirical research. Momentum investing is a dynamic quant-based strategy attempting to capitalize on current market trends. In essence, it relies on the principle that trends can persist for an extended period, allowing investors to profit by staying with the trend, regardless of its duration. Additionally, strategy/factor indices have gained popularity, and have helped gain broad exposure to momentum-based investment style.