NFO period: 12th December – 19th December, 2023
Highlights of the NFO:
- Scheme type – An open ended scheme tracking Nifty Smallcap 250 Index
- Investment objective – The investment objective of the scheme is to replicate the Nifty Smallcap 250 Index by investing in securities of the Nifty Smallcap 250 Index in the same proportion / weightage with an aim to provide returns before expenses that tracks the total return of Nifty Smallcap 250 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.
- Product suitability – The product is suitable for investors who are seeking to create wealth over a long term by investing in equity and equity related instruments belonging to Nifty Smallcap 250 Index.
- Minimum Application Amount – First investment Rs. 1000/- and in multiples of Re. 1/- thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth & Income Distribution cum capital withdrawal (IDCW) option. IDCW option under both the Plan(s) offer Payout of IDCW option & Transfer of IDCW option.
- Fund Managers – Mr. Nemish Sheth
- Benchmark – Nifty Smallcap 250 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)