Top Mutual Funds
Jul 16, 2024
Category
Equity
AUM (Cr.)
813.27
Exit Load (%)
2.00
Min Inv Lumpsum
5,000
Expense Ratio
2.30
Sharpe Ratio
21.61
Beta Ratio
0.00
Fund Manager
Paras Matalia
Inception Date
Jul 05, 2023
Risk Level
Very High
Investment Objective
The investment objective of the Scheme is to seek to generate long-term capital appreciation by investing in stocks showing strong momentum. Momentum stocks are such that exhibit positive price momentum - based on the phenomenon that stocks which have performed well in the past relative to other stocks (winners) continue to perform well in the future, and stocks that have performed relatively poorly (losers) continue to perform poorly. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.