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A low-cost smart beta index Fund which tracks the NIFTY Midcap 150 Quality 50 Index passively. The index includes top 50 companies from its parent Nifty Midcap 150 index, selected based on their ‘quality’ parameters.
The Fund shall follow a passive strategy by investing into the constituents of NIFTY Midcap 150 Quality 50 Index , where the index construction is based on the “Quality Filters” within the midcap universe . A Fund offers investors an opportunity to invest in a diversified portfolio of high quality midcap companies that are expected to deliver returns over long term
Nil
SWP/Redeem/SIP/STRIP/Switch
Not Applicable
Securities covered by Nifty Midcap150 Quality 50 Index: 95-100% (Medium to High) Debt/ Money Market instruments including Triparty Repo on Government Securities or treasury bill and units of Liquid Mutual Fund: 0-5% (Low)
To provide returns that, before expenses, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Nifty Midcap
Open Ended
Diversified Portfolio of relatively Quality Businesses within the midcap segment - Focused and Disciplined investment approach - Long Term Wealth Creation
This product is suitable for investors who are seeking*: Capital growth in tune with the index returns Passive investment in equity instruments comprised in Nifty Midcap150 Quality 50 Index RISKOMETER *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
- Investors looking for overall portfolio diversification - Investors who want growth with limited downside risk to their portfolio - Investors looking for tax efficient returns - Retirees looking for moderate and stable returns with low volatility - First time mutual fund investors
A low-cost smart beta index Fund which tracks the NIFTY Midcap 150 Quality 50 Index passively