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 India Consumption 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.
The investment strategy would be Passive in nature offering investment returns that are similar to the total returns of Nifty MidSmall India Consumption Index before fees / expense and subject to tracking error. The scheme aims to invest in the constituent of Nifty MidSmall India Consumption 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%.
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