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NRI

Category

Equity

Scheme Type

OPEN

Exit Load (%)

0.50

Min Inv

1,000.00

Incremental Inv

1,000.00

Open Date

Sep 03, 2024

Close Date

Sep 17, 2024

Nav Calculation

DAILY

Sub-category

Equity - Infotech

Risk Level

Very High

Fund Manager

Hiten Jain

Repurchase/Redemption

Fund Objective

To generate capital appreciation by investing in equity and equity related instruments of companies in the technology and technology related sectors, companies focused on driving transformative innovations across technology, automation, robotics, artificial intelligence, cloud computing and other technology companies including those benefitting from the increased digital adoption. There is no assurance that the investment objective of the Scheme will be achieved.

Notes

The Scheme seeks to generate capital appreciation by investing in equity and equity-related instruments of technology-centric and technology-dependent companies both within India and internationally. The Scheme will follow active investment strategy and will invest across market capitalization. The fund manager will adopt a combination of top-down and bottom-up approaches to identify companies with high growth potential in the realms of technology development & application and focus on companies spearheading transformative innovations in fields such as technology, automation, robotics, artificial intelligence, cloud computing, and other sectors, including those benefiting from increased digital adoption. The indicative list of businesses within the technology sector includes IT services, engineering research & development firms, consulting and outsourcing companies, IT hardware and/or software entities, e-commerce, technology platforms, IT infrastructure providers like data centers, digital infrastructure providers, leased line providers, fintech companies, internet companies, digital service providers, electronics, telecom and telecom-related services, semi-conductors, networking companies, media and media infrastructure, biotechnology and data solutions providers etc.