NFO period: 24th January - 07th February, 2025
Highlights of the NFO:
- Scheme type - An Open-Ended Index Fund tracking Nifty500 Momentum 50 TRI
- Investment objective - To provide returns before expenses that correspond to the Nifty500 Momentum 50 TRI subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long term wealth creation solution. An Index fund that seeks to track returns by investing in a basket of Nifty500 Momentum 50 stocks and aims to achieve returns of the stated total return index, subject to tracking error.
- Minimum Application Amount - First investment is Rs. 100/- and in multiple of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option only.
- Fund Managers - Mr. Karthik Kumar and Mr. Sachin Relekar
- Benchmark - Nifty500 Momentum 50 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)