Category: Hybrid: Dynamic Asset Allocation |
Launch Date: 14-03-2014 |
Asset Class: Mixed Asset |
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
TER: 2.47% As on (31-10-2023) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 102.16 Cr As on (31-10-2023) |
Turn over: - | Exit Load: Exit load of 1%, if redeemed within 3 months. |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The scheme aims at generating long term returns with lower volatility by following a disciplined allocation between equity and debt securities. The equity allocation will be determined based on the month end P/E ratio of the CNX Nifty Index
Standard Deviation | 10.66 |
Sharpe Ratio | 0.58 |
Alpha | -0.6 |
Beta | 0.57 |
Yield to Maturity | 7.2 |
Average Maturity | 3.19 |
Investment in equity/ debt that is managed dynamically.
Others
25.16%
Large Cap
74.84%
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund