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A passively managed scheme investmenting in stocks forming part ofS&P BSE Sensex Index.
A passively managed scheme investmenting in stocks that endeavour to generate returns in line with the underlying index subject to expenses and tracking error. S&P BSE Sensex Index tracks the performance of 30 most liquid and established companies listed on BSE. One of the largest fund in the category with one of the lowest Tracking Error and Tracking Difference and Competetitive Expenses
Not Applicable
N/A
Not Applicable
Securities covered by the S&P BSE Sensex: 95-100% (Medium to High) Cash/Money Market Instruments*: 0-5% (Low) *Commercial Paper, Commercial Bills, Certificates of Deposit, Treasury Bills, Bills Rediscounting, Repos, Triparty Repo on Government securities or treasury bill on Government securities or treasury bill, Government securities having an unexpired maturity of less than 1 year, alternate to Call or notice money and any other such short-term instruments as may be allowed under the Regulations/RBI prevailing from time to time. However, the scheme will invest in Money market instruments having residual maturity upto 91 days.
The investment objective of the scheme is 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.
Sensex
An open ended scheme replicating / tracking S&P BSE Sensex Index
• An exchange traded index fund (ETF) tracking the S&P BSE Sensex • Passively managed fund that endeavour to minimize the return differential between the fund and the underlying index • Being an ETF provides real time NAV and investment opportunity during trading hours
This product is suitable for investors who are seeking*: long term investment. Investment in securities covered by S&P BSE Sensex. 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
An open ended scheme replicating / tracking S&P BSE Sensex Index listed on stock exchanges