| Scheme Objective: |
An Open-ended growth scheme with the objective to target growth of capital by investing in equity/equity related instruments of companies that are expected to benefit from the rising consumption patterns in India, which in turn is getting fuelled by high disposable incomes of the young generation (Generation Next). The scheme will invest in companies that have the following characteristics: 1. Companies that seek growth in revenues arising out of demand from the younger generation (GenNext) for their products or services. 2. They should be engaged in manufacturing of products or rendering of services that go directly to the consumer. 3. The products and services should have distinct brand identity, thereby enabling choice. |
| Category |
Mutual Fund > Equity > Diversified |
| Fund Type |
Open Ended |
| Fund Manager |
Anil Shah, Chanchal Khandelwal |
| Minimum Amount for Lumpsum Investment (Rs.) |
1000 |
| Minimum Amount for SIP Investment (Rs.) |
1000 |
| Nav Date |
11/07/2018 |
| Nav |
80.20 |
| AUM (Cr.) |
827.34 |
| AUM Date |
30/06/2018 |
| Expense Ratio Currently |
2.63 |
| Expense Ratio Date Currently |
10/07/2018 |
| Modified Duration(Yrs) |
– |
| Modified Duration Date(Yrs) |
– |
| YTM |
– |
| YTM Date |
– |
| Entry Load |
NIL |
| Exit Load |
If redeemed bet. 0 Days to 365 Days Exit Load is 1 % |
| Tax Treatment of Income |
15% short term capital gains tax on redemptions made within one year of investment, No long term capital gains tax on redemptions made after one year of investment |
| Tax Benefit on Investment |
Not Available |
| Withdrawal |
Anytime |
| Pros |
Consumption theme, Multicap |
| Cons |
thematic |
| Risk Factor |
All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund’s objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund. |
