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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 30 companies from its parent Nifty 200 index, selected based on their ‘Momentum’ parameters.
The Fund shall follow a passive strategy by investing into the constituents of NIFTY 200 Momentum 30 Index , where the index construction is based on the “Momentum” within the Large & Midcap universe . A Fund offers investors an opportunity to invest in a diversified portfolio of high Momentum companies that are expected to deliver higher returns over long term
Nil
SWP/Redeem/SIP/STRIP/Switch
Not Applicable
Securities covered by Nifty200 Momentum 30 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 Momentum
An open-ended scheme replicating/tracking the Nifty200 Momentum 30 Index
Diversified Portfolio that systematically add relatively performing stocks and remove relatively non-performing stocks, based on pre-defined criteria, without individuals’ intervention
This product is suitable for investors who are seeking*: Capital growth in tune with the index returns Passive investment in equity instruments comprised in Nifty200 momentum 30 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 200 Momentum 30 Index