Category: Index Fund |
Launch Date: 16-04-2020 |
Asset Class: |
Benchmark: NIFTY 50 TRI |
Expense Ratio: 0.44% As on ( 30-04-2025) |
Status: Open Ended Schemes |
Minimum Topup: 1000.0 |
Total Assets: 340.06 Cr As on ( 30-05-2025) |
Turn over: 8 |
Praveen Ayathan, Rajeesh Nair
The scheme has adopted a passive investment strategy. The scheme invests in stocks comprising the Nifty 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance difference between the benchmark index and the Scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks.