Top Mutual Funds
Nov 21, 2024
Category
Others
AUM (Cr.)
94.37
Exit Load (%)
0.00
Min Inv Lumpsum
5,000
Expense Ratio
0.00
Sharpe Ratio
23.62
Beta Ratio
0.00
Fund Manager
Sumit Bhatnagar
Inception Date
Sep 20, 2010
Risk Level
Very High
Investment Objective
To invest only in and all the stocks comprising the CNX Nifty Junior Index in the same weights of these stocks as in the index with the objective to replicate the performance of the Total Returns Index of CNX Nifty Junior Index. The scheme may also invest in derivatives instruments such as Futures and Options linked to stocks comprising the Index or linked to the CNX Nifty Junior Index. The scheme will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the CNX Nifty Junior Index (Total Returns Index) and the Scheme.