The scheme will be benchmarked against 65% S&P BSE 200 TRI + 15% CRISIL Short Term Bond Fund Index + 20% iCOMDEX Composite Index. The scheme will be managed by Sandeep Tandon, Anikt Pande, Sanjeev Sharma, and Vasav Sahgal.
According to the scheme information document, the investment objective of the scheme is to provide the investment plans to grow retirement savings that serves the variable needs of the investors through long term diversified investments in different asset classes.
The minimum application amount will be Rs 5,000 and Re 1 thereafter. The scheme’s riskometer shows that the scheme will fall in the ‘very high risk’ category.
The scheme will have a regular and a direct plan with growth and IDCW options.
The scheme will allocate its assets of around 0-100% in equity and equity related securities, 0-100% in debt and money market instruments, 0-100% in Gold ETF, Silver ETF & any other mode of investment in commodities (excluding commodity derivatives), 0-30% in Exchange Traded Commodity Derivatives (ETCDs) & any other mode of investment in commodities, 0-35% in Foreign securities including ADRs / GDRs / Foreign equity and debt securities and Overseas ETFs, and 0-10% in units issued by REITs and InvITs.
