loader2
NRI

Category

Others

Scheme Type

OPEN

Exit Load (%)

0.25

Min Inv

1,000.00

Incremental Inv

1,000.00

Open Date

Nov 18, 2024

Close Date

Nov 29, 2024

Nav Calculation

DAILY

Sub-category

Equity - Index

Risk Level

Very High

Fund Manager

Nemish Sheth

Repurchase/Redemption

Fund Objective

The investment objective of the Scheme is to replicate the Nifty 200 Quality 30 Index by investing in securities of the Nifty 200 Quality 30 Index in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty 200 Quality 30 Index, subject to tracking errors. However, there is no assurance or guarantee that the objectives of the scheme will be realized and the scheme does not assure or guarantee any returns.

Notes

The Scheme will be managed passively with investments in stocks in a proportion to the weights of these stocks in the Nifty 200 Quality 30 Index. The investment strategy would revolve around reducing the tracking error through rebalancing of the portfolio, considering the change in weights of stocks in the index as well as the incremental collections/redemptions from the Scheme.