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Partner With Us NRI

Category

Equity

Scheme Type

OPEN

Exit Load (%)

1.00

Min Inv

5,000.00

Incremental Inv

1,000.00

Open Date

Jul 29, 2024

Close Date

Aug 12, 2024

Nav Calculation

DAILY

Sub-category

Equity - Diversified

Risk Level

Very High

Fund Manager

Prasad Padala

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance that the investment objective of the scheme will be achieved.

Notes

The scheme will predominantly be actively managed to achieve its investment objective. The Scheme aims to maximize long-term capital appreciation by investing in primarily (at least 80% of the net assets) in equity and equity related instruments of companies which are innovators (demonstrated through innovation in product/process or through innovative business models) or are significantly investing into research and development for creation of innovative products/processes. The fund manager will adopt an active management style & will follow bottom-up approach to stock picking to optimize returns. The scheme will invest in diversified portfolio of stocks across market capitalization. The identification of innovator companies will be on basis of the following three categories: