The new fund offer or NFO of the scheme will open for subscription on September 10 and will close on September 24. The scheme will reopen for continuous sale and repurchase on October 1.
The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
The scheme will be benchmarked against NIFTY 500 TRI. The scheme will be managed by . Vishal Biraia, Ritika Behera, Harshal Joshi, and Gaurav Satra.
An exit load of 0.5% of applicable NAV will be applied, if redeemed/switched out on/within 30 days from the date of allotment. The exit load will be nil if redeemed/switched out after 30 days from the date of allotment.
The minimum investment amount for lumpsum purchase is Rs 1,000 and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 100 and in multiples of Re 1 thereafter with minimum six instalments.The scheme will allocate 80-100% in equity and equity related instruments selected based on the business cycle, 0-20% in equities and equity related overseas securities, 0-20% in debt securities and money market instruments (including Government securities, Securitised debt), and 0-10% in units issued by REITs and InvIts.The scheme will be suitable for investors who are seeking to create wealth over a long term and want investment predominantly in equity and equity related instruments of companies following business cycle based investment theme. The principal invested in the scheme will be at “ver high” risk according to the riskometer of the scheme.
