NFO period: 11th November - 20th November, 2024
Highlights of the NFO:
- Scheme type - An open ended scheme investing in arbitrage opportunities
- Investment objective - The investment objective of the scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. 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 to generate low volatility returns over short to medium term predominantly by investing in arbitrage opportunities in the cash and derivative segments of the equity markets.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan. Each plan offers growth option only.
- Fund Managers - Mr. Paras Matalia, Mr. Dhawal Ghanshyam Dhanani and Mr. Umeshkumar Mehta
- Benchmark - Nifty 50 Arbitrage TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)