Fund Objective
The objective of the Scheme is to provide income over medium to long term by investing in units of Arbitrage Fund and Debt Funds. However, there is no assurance that the investment objective of the Scheme will be achieved.
Notes
The Fund of Fund will be following active investment strategy. The scheme will predominantly invest in the units of Arbitrage and Debt Mutual Fund Schemes as per the asset allocation pattern of the Scheme commensurate with the risk profile of the investments and subject to permitted limits. The allocation to the underlying scheme(s) will be dependent on fund managers view on current market conditions and outlook. The debt portion of the portfolio will be invested in debt funds based on the interest rate outlook. The equity proportion of the portfolio will be managed by investing in the fund with an arbitrage strategy to take advantage from the price differentials / mis-pricing prevailing for stock / index in various market segments (Cash & Futures). This allocation leverages the strengths of both asset classes, providing a diversified, risk-managed investment vehicle capable of delivering consistent returns in varying market conditions. Arbitrage strategy in equity can generate returns with lower risk compared to traditional equity investing. while Fixed Income Funds can provide stability & hedge to volatility from macro economic & micro market disturbances. This scheme will not make any investment decisions pertaining to the constituents of the underlying fund(s) and shall only invest through funds across the Debt & Equity asset class. The scheme may also invest in money market instruments as stated in the asset allocation table.