Scheme type - An open-ended Hybrid Fund of Fund scheme investing in Debt and Arbitrage Funds.
Investment objective - The primary investment objective of the scheme is to achieve stable returns while navigating market volatilities for its investors. This objective will be pursued by strategically investing in a diversified portfolio of open-ended debt oriented schemes, and units of Arbitrage funds of Nippon India Mutual Fund or any other Mutual Fund(s). 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 Capital Appreciation. An actively managed Fund of Fund that invests in Debt and Arbitrage Funds.
Minimum Application Amount - Rs 500/- and in multiple of Re.1/- thereafter.
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Rohit Hashmukh Shah & Mr. Sushil Hari Prasad Budhia
Benchmark - 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index