TYPE OF SCHEME

An open ended scheme replicating/tracking Nifty 50 Index
SCHEME CATEGORY

Index - Nifty
SCHEME CHARACTERISTICS

Minimum 95% of assets to replicate / track Nifty 50 index
INVESTMENT OBJECTIVE

The Investment Objective of the Scheme is to invest in companies whose securities are included in the Nifty and subject to tracking errors, endeavouring to attain results commensurate with the Nifty 50 under NSE Nifty Plan.
DATE OF ALLOTMENT:

August 4, 2000
FUND MANAGER(S):

Shyam Sundar Sriram (w.e.f. September 26, 2024)
Sandeep Manam (dedicated for making investments for Foreign Securities)
BENCHMARK:

Nifty 50
EXPENSE RATIO^#: 0.63%
EXPENSE RATIO^# (DIRECT) : 0.27%
^# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.
TRACKING ERROR (for 3 year period) :

0.21%
MINIMUM INVESTMENT/
MULTIPLES FOR NEW INVESTORS:

Rs 5000/1
MINIMUM INVESTMENT FOR SIP

Rs500/1
ADDITIONAL INVESTMENT/
MULTIPLES FOR EXISTING INVESTORS:

Rs1000/1
LOAD STRUCTURE:

Entry Load	:	Nil
Exit Load (for each purchase of Units)	:	Nil (Effective April 21, 2023)

Different plans have a different expense structure