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Partner With Us NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

Min Inv

1,000.00

Incremental Inv

0.00

Open Date

May 27, 2024

Close Date

Jun 07, 2024

Nav Calculation

DAILY

Sub-category

Exchange Traded Funds (ETFs)

Risk Level

Very High

Fund Manager

Kedarnath Mirajkar

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to invest in stocks comprising the Nifty Midcap 150 Index in the same proportion as in the index to achieve returns equivalent to the Total Return Index of Nifty Midcap 150 Index (subject to tracking error). There can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Notes

weight age of the stocks in the Nift y Midcap 150 Index. The investment strategy would revolve around reducing the tracking error to the least possible extent through regular rebalancing of the portfolio, taking into account the change in weights of stocks in the Index as well as the incremental collections/redemptions in the Scheme. Such rebalancing shall be done in accordance with time lines prescribed by SEBI from time to time. A part of the funds may be invested in debt and money market instruments, to meet the liquidity requirements.