• Follow us on
  • 022-2389 6488 / 2380 2801 / 5244
 

Multi Cap Fund:

An open-ended equity scheme investing across large cap, mid cap, small cap stocks. The minimum investment in equity and equity related instruments shall be 65% of total assets.

 

Large Cap Fund:

An open-ended equity scheme predominantly investing in large cap stocks. The minimum investment in equity and equity related instruments of large cap companies shall be 80% of total assets.

 

Large and Mid-Cap Fund:

An open-ended equity scheme investing in both large cap and mid-cap stocks. The minimum investment in equity and equity related instruments of large cap companies shall be 35% of total assets. The minimum investment in equity and equity related instruments of mid-cap stocks shall be 35% of total assets.

 

Mid Cap Fund:

An open-ended equity scheme predominantly investing in mid cap stocks. The minimum investment in equity and equity related instruments of mid-cap companies shall be 65% of total assets.

 

Dividend Yield Fund:

An open-ended equity scheme predominantly investing in dividend yielding stocks. Scheme should predominantly invest in dividend yielding stocks. The minimum investment in equity shall be 65% of total assets.

 

Value Fund or Contra Fund:

A value fund is an open-ended equity scheme following a value investment strategy. Minimum investment in equity & equity related instruments shall be 65% of total assets. A contra fund is an open-ended equity scheme following contrarian investment strategy. Mutual funds will be permitted to offer either value fund or contra fund.

 

Focused Fund:

An open-ended equity scheme investing in maximum 30 stocks (the scheme needs to mention where it intends to focus, viz., multi cap, large cap, mid cap, small cap) Minimum investment in equity & equity related instruments shall be 65% of total assets.

 

Sectoral / Thematic:

An open-ended equity scheme investing in a specific sector such as bank, power is a sectoral fund. While an open-ended equity scheme investing in line with an investment theme is a thematic fund. For example, an infrastructure thematic fund might invest in shares of companies that are into infrastructure, construction, cement, steel, telecom, power etc. The minimum investment in equity & equity related instruments of a particular sector / particular theme shall be 80% of total assets.

 

Equity Linked Saving Scheme (ELSS):

An open-ended equity linked saving scheme with a statutory lock in of 3 year and tax benefit. The minimum investment in equity and equity related instruments shall be 80% of total assets (In accordance with Equity Linked Saving Scheme, 2005 notified by the Ministry of Finance)