Scheme Objective: |
The investment objective of the Scheme is to generate capital ppreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation through means of contrarian investing. However, there can be no assurance that the investment objective of the Scheme will be realised.Contrarian investing involves picking neglected stocks with strong asset values as well as focusing on high potential under owned sectors. The aim is to have a first mover advantage by investing into out of favour sectors/stocks thus increasing out-performance prospects. This can be done by monitoring stock/sector ownership and relating it to the fundamentals of the sector with an objective to get out of over-owned stocks and get into under-owned ones. |
Category |
Mutual Fund > Equity > Diversified |
Fund Type |
Open Ended |
Fund Manager |
Amit Ganatra, Taher Badshah |
Minimum Amount for Lumpsum Investment (Rs.) |
5000 |
Minimum Amount for SIP Investment (Rs.) |
1000 |
Nav Date |
11/07/2018 |
Nav |
46.84 |
AUM (Cr.) |
1867.57 |
AUM Date |
30/06/2018 |
Expense Ratio Currently |
2.27 |
Expense Ratio Date Currently |
10/07/2018 |
Modified Duration(Yrs) |
– |
Modified Duration Date(Yrs) |
– |
YTM |
– |
YTM Date |
– |
Entry Load |
Exit Load |
Exit Load |
If redeemed bet. 0 Year to 1 Year 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 |
|
Cons |
|
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. |