The scheme will be benchmarked against S&P BSE 250 Smallcap TRI. Chirag Mehta and Abhilasha Satale will manage the scheme.
According to the scheme information document, the investment objective of the scheme is to generate capital appreciation by investing predominantly in small cap stocks.
The scheme will have direct and regular plans. It will have only the growth option.
The investment strategy of the scheme will be to invest in a basket of stocks after using intensive fundamental analysis, both quantitative and qualitative, monitor the portfolio actively but not so as to engage in excessive trading, and control risk by keeping the portfolio adequately diversified.
The scheme will allocate 65-100% in equity and equity-related instruments of small cap companies, 0-35% in equity and equity-related instruments of companies other than small cap companies, and 0-35 % in debt and money market instruments.The minimum application amount will be Rs 500 and in multiples of Re 1 thereafter.The minimum instalment amount for monthly SIP will be Rs 500 and in multiples of Re 1 thereafter with six instalments. The minimum instalment amount for quarterly SIP will be Rs 500 and in multiple of Re 1 with four instalments.The scheme will be suitable for investors who are seeking long term capital appreciation. The principal invested in this scheme will be at very high risk as per the riskometer of the scheme.
