Scheme type - An open-ended scheme replicating/ tracking the Nifty Next 50 Index.
Investment objective - Passive investment in equity and equity related securities replicating the composition of Nifty Next 50 Index, 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 for long-term investors aiming to build wealth over 5 years Investors who want to diversify their portfolio across various sectors with low concentration risk compared to Nifty 50 index For investors looking for a low-cost way to invest in companies that are on the verge of becoming part of Nifty 50 index.
Minimum Application Amount - Rs. 500/- and any amount thereafter.
Plan/ Options available - The Scheme shall offer only Direct Plan. Further, the Plan shall offer only Growth Option
Fund Managers - Ms. Tanvi Kacheria, Mr. Anand Shah & Mr. Haresh Mehta