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News Navi Mutual Fund launches Navi US Total Stock Market Fund of Fund
Feb 4, 2022
Mutual Fund
Navi Mutual Fund launches Navi US Total Stock Market Fund of Fund
NFO period: 04th February - 18th February, 2022
Highlights of the NFO:
- Scheme type - An open ended fund of fund investing in units of the Vanguard Total Stock Market ETF (VTI) or in the Schwab Total Stock Market Index Fund (SWTSX)
- Investment objective - The investment objective of the scheme is to provide long-term capital appreciation by investing in units of the Vanguard Total Stock Market ETF (VTI) or in the Schwab Total Stock Market Index Fund (SWTSX). However, there is no assurance that the investment objective of the scheme will be realized.
- Product suitability - This product is suitable for investors who are seeking capital appreciation over the long term. Ideal for equity investors who want exposure to Vanguard Total Stock Market ETF (VTI) or in the Schwab Total Stock Market Index Fund (SWTSX).
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option only.
- Fund Manager - Mr. Hari Shyamsunder
- Benchmark - CRPS US Total Market Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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