NFO period: 24^th July - 07^th August, 2023

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/ tracking Nifty Financial Services Ex-Bank Index


• Investment objective - The investment objective of the scheme is to replicate the composition of the Nifty Financial Services Ex-Bank Index and to generate returns that are commensurate with the performance of the Nifty Financial Services Ex-Bank Index, subject to tracking errors. However, there is no assurance that the objective of the scheme will be realized. The scheme does not assure or guarantee any returns.


• Product suitability - The product is suitable for investors who are seeking long-term capital appreciation by investing in stocks comprising the underlying index and endeavours to track the benchmark index.


• Minimum Application Amount - First investment Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available - Regular Plan and Direct Plan having Growth Option, Payout of Income Distribution cum capital withdrawal (IDCW) Option and Reinvestment of Income Distribution cum capital withdrawal (IDCW) Option.


• Fund Managers - Mr. Devender Singhal, Mr. Satish Dondapati and Mr. Abhishek Bisen


• Benchmark - Nifty Financial Services Ex-Bank Index (Total Return Index)