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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 IT and Telecom 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 Scheme follows a passive investment strategy and seeks to invest in the constituents of Nifty MidSmall IT and Telecom Total Return Index . The scheme aims to achieve returns equivalent to the benchmark subject to tracking error. The scheme would also invest in units of Liquid/ debt schemes, debt and money market instruments as stated in the asset allocation table. Subject to the SEBI regulations as applicable from time to time, the scheme may participate in securities lending.