The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
The new NFO issue will be open for subscription from 11 June and close on 12 June 2015.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the NV20 Index before expenses, subject to tracking errors.
The scheme will allocate 95% to 100% of assets in securities constituting NV20 Index with medium to high risk profile and invest upto 5% of assets in money market instruments including CBLO (with maturity not exceeding 91 days) with low to medium risk profile.
Minimum application amount is Rs. 5,000.
Entry & exit load charge are not applicable.
Benchmark Index for the scheme is NV20 Index.
The fund manager for the scheme is Krishan Daga.
No comments:
Post a Comment