Category: Hybrid: Equity Savings |
Launch Date: 30-08-2018 |
Asset Class: Mixed Asset |
Benchmark: CRISIL Equity Saving |
TER: 1.5% As on (31-07-2023) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 283.32 Cr As on (31-08-2023) |
Turn over: 404% | Exit Load: For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months. |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The Scheme seeks to provide capital appreciation and income distribution to the investors using arbitrage opportunities, investment in equity / equity related instruments and debt / money market instruments.
Standard Deviation | 5.48 |
Sharpe Ratio | 1.42 |
Alpha | 2.92 |
Beta | 0.89 |
Yield to Maturity | 6.92 |
Average Maturity | 2.84 |
Minimum investment in equity & equity related instruments - 65% of total assets and minimum investment in debt - 10% of total assets. Minimum hedged & unhedged to be stated in the SID. Asset Allocation under defensive considerations may also be stated in the Offer Document.
Others
34.56%
Large Cap
64.56%
Mid Cap
0.9%
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