|This product is suitable for investors who are seeking*
- Returns that closely correspond to the total return of the CNX Dividend Opportunities Index over long term;
- Investment in Equity Securities comprising CNX Dividend Opportunities Index;
- High Risk (Brown);
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Risk is represented in following colours:
||(BLUE) investors understand that their principal will be at low risk
|| (YELLOW) investors understand that their principal will be at medium risk
||(BROWN) investors understand that their principal will be at high risk
- Type of Scheme:
An Open Ended Index Fund
- Investment Objective:
The investment objective of the scheme is to provide returns (before fees and expenses that closely correspond to the total return of the CNX Dividend Opportunities Index, subject to tracking errors.
However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
CNX Dividend Opportunities Index
- Asset Allocation:
The investment policies of each Scheme shall be as per SEBI (Mutual Funds) Regulations, 1996, and within the following guidelines. Under normal market circumstances, the investment range would be as follows:
|Stocks comprising CNX Dividend Opportunities Index *
||95% - 100%
|Debt and money market instruments
||0% - 5%
||Low to Medium
- Minimum Application Amount:
New Purchase – Rs. 5000 and in multiples of Rs. 100 thereafter.
Additional purchase - Rs. 1000 and in multiples of Rs. 100 thereafter
Systematic Investment Plan (SIP)
Monthly option - Rs. 500 per month for a minimum period of 12 months or Rs. 1000 per month for a minimum period of six months.
Quarterly Option – Rs.1500 per quarter for a minimum.
- Suitable for:
Believe that the market as a whole is more efficient than the individuals who are a part of it and hence, it is difficult to outperform the market. Believe in investing in mutual fund schemes that follow a passive investment strategy.
- Fund Manager:
Mr. Manish Bandi is the fund manager of the Scheme.
Mr Bandi, aged 33 years, is a Science graduate and a Chartered Accountant with 11 years of experience in the financial services industry. Prior to joining India Infoline Asset management Ltd, he has worked with IIFL Wealth Management Ltd and India Infoline Ltd. He had been part of investment committee and fund management team and held various senior managerial positions in the field of equity advisory, portfolio Management Services, Equity broking, Business & Process reviews and audits etc. He has worked with organizations like Kotak Mahindra Bank Ltd, Motilal Oswal Securities Ltd Batliboi & Purohit Chartered Accountants etc.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.