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NRI

Category

Equity

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

500.00

Incremental Inv

500.00

Open Date

Sep 20, 2024

Close Date

Oct 04, 2024

Nav Calculation

DAILY

Sub-category

Equity - Diversified

Risk Level

Very High

Fund Manager

Ramesh Mantri

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of Technology and Technology related companies. There is no assurance that the investment objective of the Scheme will be achieved.

Notes

Being a thematic fund, the Scheme will invest minimum 80% of its net assets in equity and equity related instruments of companies engaged in Technology and Technology related companies. Further, in order to achieve a diversification in the Scheme will invest upto 20% of its net assets in other than Technology & Technology related companies. A portion of the Scheme will also be invested in IPOs, emerging sectors and other primary market offerings that meet our investment criteria. The Scheme will follow a bottom-up approach to stock-picking and choose companies which are expected to get benefitted from the usage, development and advancement of the Technology and related products. The Scheme will invest in companies engaged in the Information Technology and Telecommunication sector from Sector list provided by AMFI/SEBI and stated under BSE Teck (TRI). The Technology & technology related companies include:  IT services, IT-software, consulting, and outsourcing companies;;  IT products and hardware including computers hardware & equipment, electronic components manufacturing etc.  Internet companies and internet enabled services including Fintech, e-retail /e-commerce;  Technology platforms, IoT (Internet of Things) and other digital service providers;  Infrastructure providers and Telecommunications, including networking, wireless, and wire-line services, equipment, software, and support;  Media and information services, including the distribution of information and content providers;  Data and data solutions providers including data centres & hardware components of data centres ;  Fintech, New-age Companies including industrial technology;  And any other business or service which is part of Information Technology, Telecommunication as provided by Industry classification data provided by AMFI/SEBI. This list is only indicative, and the Scheme will explore to invest in new and emerging areas of Technology. The Scheme will invest in companies engaged in the Technology sector from Sector list provided by AMFI/SEBI and under BSE Teck TRI.