NFO OPENS ON JAN 20 2012, NFO CLOSES ON FEB 03 2012
The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equity- related securities of blue-chip large-cap companies. However, there is no assurance that the investment objective of the scheme will be achieved.
ASSET ALLOCATION AND RISK PROFILE
|Instruments||Indicative allocation (% of total assets) (Minimum - Maximum)||Risk Profile (High/ Medium/ Low)|
|Equity and equity related securities – Blue Chip Large-Cap Companies||65% to 100%||High|
|Equity and equity related securities – Other Companies||0% to 35%||High|
|Debt & Money market securities/instruments||0% to 35%||Low to Medium|
For the purposes of this scheme Blue Chip Large Cap Company is a Company with a market capitalization higher than the market capitalization of 101st company in BSE 500 index, arranged in descending order of market cap.
Aviral Gupta - B.Tech. (IIT Kanpur), CFA, Fund Manager: He has over 12 years of experience in Indian Equities. He is one of the few India dedicated Fund Managers who has expertise in Fundamental Long, Fundamental Short, Special Situations & Arbitrage Strategies for Indian Equities. He has worked for domestic AMCs and offshore FIIs. He has been associated with organisations like Venus Capital where he successfully co-managed a corpus of $700mn apart from Dundee Mutual Fund and Escorts Mutual Fund. The offshore funds that he has co-managed have received numerous awards from the prestigious organisations like EUREKAHEDGE for consistently generating superior risk adjusted return involving multi strategies for Indian Equities. He is a prolific speaker on Indian Capital Markets in media regularly airing his views on various media Amarjeet Singh - CAIA(USA), CMT(USA), Fund Manager: He has overall experience of 26 years in the field of finance and taxation.
Sumit Bhatnagar - MBA (Univ. of Toronto), CFA (USA), Associate Fund Manager: He has close to 10 years of experience in Banking & Capital Markets
|Type of Scheme||An Open-ended Equity Scheme|
|Minimum application amount||Rs. 5,000 and in multiples of Re. 1 thereafter
Rs. 1,000 and in multiples of Re. 1 thereafter (For Systematic Investment Plan )
|Minimum additional application amount||Rs. 1,000 and in multiples of Re. 1 thereafter.|
|Minimum redemption amount||Minimum of Rs. 1000 and in multiples of Re. 1 thereafter.|
|Loads||Entry : Not Applicable
Exit : 1% if redeemed/switched out within first year, NIL if redeemed/switched out after one year.
|Transaction Charges||The transaction charges are in addition to the existing commission permissible to the distributors.
Direct Application – Nil
Application through Distributor
Existing investor - Rs. 100 per subscription of Rs 10,000 and above
First time investor - Rs. 150 per subscription of Rs 10,000 and above
SIP Application, -only if the total commitment through SIPs amounts to Rs.10,000/- and above. Transaction charge shall be recovered in 3 instalments.
|Benchmark||S&P CNX NIFTY INDEX|