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NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

500.00

Incremental Inv

500.00

Open Date

Oct 29, 2024

Close Date

Nov 06, 2024

Nav Calculation

DAILY

Sub-category

Equity - Index

Risk Level

Very High

Fund Manager

Swapnil Mayekar

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by Nifty MidSmall Healthcare Total Return Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objectives of the scheme will be achieved.

Notes

The investment strategy would be Passive in nature offering investment returns that are similar to the total returns of Nifty MidSmall Healthcare Total Return Index before fees / expense and subject to tracking error. The scheme aims to invest in the constituent of Nifty MidSmall Healthcare Total Return Index, in the range of 95% to 100% and in units of Liquid schemes/ debt schemes, debt and/or money market instruments, in the range of 0% to 5%