NFO period: 15^th January – 18^th January, 2024

Highlights of the NFO:

• Scheme type – An open ended exchange traded fund tracking Nifty Bank Index


• Investment objective – The investment objective of the scheme is to provide returns that are corresponding with the performance of the Nifty Bank Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability – The product is suitable for investors who are seeking wealth creation over long term. An exchange traded fund that seeks to provide returns that correspond to the returns provided by Nifty Bank Index, subject to tracking error.


• Minimum Application Amount – First investment is Rs.500/- and in multiples of Rs.1/- thereafter


• Plan/ Options available – Currently, there are no plans/ options under the scheme.


• Fund Manager – Mr. Sorbh Gupta and Mr. Ilesh Savla


• Benchmark – Nifty Bank TRI