The investment objective of the scheme is to achieve long-term capital appreciation by investing substantially in a portfolio consisting of equity and equity related securities.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 1 crore under the scheme during the NFO period.
The scheme would invest 80% to 100% in equity and equity related instruments with medium to high risk profile. On the flip side it would allocate upto 20% of assets in debt and money market instruments with low to medium risk profile.
NFO Opens: November 8, 2011
NFO Closes: December 9, 2011
NFO Price: Rs.10 per unit
Options: Growth and Dividend (Payout and Re-investment)
Minimum Application Amount: Rs 500 and in multiples of Rs 500, thereafter
Exit Load: Nil
Benchmark: BSE 100 Index
Fund Manager: Mr. Ashish Ranawade