The investment objective of the scheme is to generate capital appreciation and current income by investing in equity & equity related instruments as well as debt securities.
The scheme offers growth & dividend option (Reinvestment / Payout) under both regular and direct plan.
The scheme would allocate 65%-80% of assets in equity & equity related instruments with high risk profile and invest 20%-35% of assets in debt & money market instruments with low to medium risk profile.
The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.
Entry load: Nil
Exit Load: 1%, If redeemed / switched out on or before 1 year from the date of allotment
Nil, If redeemed / switched out after 1 year from the date of allotment.The scheme will be listed on the NSE.
Benchmark Index for the scheme will be CRISIL Hybrid 35+65 Aggressive Index.
The fund managers for the scheme are Taher Badshah, Amit Ganatra and Krishna Cheemalapati.
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