| Investment Objective 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. |
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| Date of inception/allotment |
04th August, 2017 | ||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, CFA, MMS Managing the scheme since JUly-2018 Mr Ayush Jain, Assistant Fund Manager, CA, B.Com (Tax) Managing the scheme since May-2022 |
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| Fund AUM |
Average AUM for the quarter : 1450.89 Crore ended 31st Dec 2023 Fund Size Monthly Average : 1641.13 Crore Closing AUM : 1670.01 Crore |
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High/Low NAV in the month |
High Growth Option :58.4600 Low Growth Option : 56.3239 |
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Total expense ratio (%) |
0.15% | ||||||||
| Market Capitalisation (%) |
|
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NAV per unit as on 31st January, 2024 |
58.4600 | ||||||||
| Load Structure | Entry Load : Not Applicable as per SEBI guidelines Exit Load : Not Applicable 
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| Minimum Application Amount | Directly with Fund: Only Authorised Participants / Large Investors can directly purchase / redeem from the fund in Creation unit size as stated above on any business day. |
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Benchmark Index |
Nifty Next 50 index | ||||||||
| Financial Services | 21% |
| Fast Moving Consumer Goods | 12% |
| Consumer Services | 11% |
| Capital Goods | 11% |
| Oil, Gas & Consumable Fuels | 7% |
|
Equity
|
% of NAV
|
| Shriram Finance Ltd | 4.12 |
| Trent Ltd. | 4.09 |
| Bharat Electronics Ltd. | 4.00 |
| Tata Power Company Ltd. | 3.96 |
| Hindustan Aeronautics Ltd | 3.37 |
| Indian Oil Corporation Ltd. | 3.24 |
| DLF Ltd. | 3.10 |
| Cholamandalam Investment And Fin. Co. Ltd | 2.87 |
| TVS Motor Company Ltd | 2.80 |
| GAIL (India) Ltd. | 2.79 |
| Bank Of Baroda | 2.77 |
| Godrej Consumer Products Ltd | 2.65 |
| Interglobe Aviation Ltd | 2.54 |
| Ambuja Cements Ltd. | 2.47 |
| Info-Edge (India) Ltd. | 2.35 |
| Pidilite Industries Ltd. | 2.32 |
| ICICI Lombard General Insurance Company Ltd | 2.30 |
| Shree Cement Ltd. | 2.29 |
| Siemens India Ltd. | 2.21 |
| Vedanta Ltd | 2.20 |
| Colgate Palmolive India Ltd. | 2.06 |
| Punjab National Bank | 2.04 |
| SRF Ltd. | 2.03 |
| Havells India Ltd. | 1.95 |
| Canara Bank | 1.94 |
| United Spirits Ltd. | 1.90 |
| Dabur India Ltd. | 1.89 |
| Zomato Ltd | 1.85 |
| Indian Railway Catering & Tourism Ltd | 1.78 |
| Jindal Steel & Power Ltd. | 1.67 |
| Others | 22.44 |
| Net Current Assets | 0.01 |
TOTAL |
100.00 |
% of top 10 stocks |
34.33 |
Median Market Cap ( Cr) |
109,586 |
Weighted Average Market Cap |
117,324 |
Number of Securities |
50 |
All figures given are provisional and unaudited. |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000
|
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| Period | NAV Growth (%) |
Nifty Next 50 TRI
(%) |
Nifty 50 TRI (%) |
NAV Growth () |
Nifty Next 50 TRI () |
Nifty 50 TRI () |
| 1 Y | 41.73 |
41.92 |
24.35 |
14,173 |
14,192 |
12,435 |
| 3 Y | 21.12 |
21.30 |
18.19 |
17,768 |
17,848 |
16,510 |
| 5 Y | 16.75 |
16.84 |
16.29 |
21,700 |
21,784 |
21,276 |
| SI* | 11.92 |
12.02 |
13.90 |
20,783 |
20,904 |
23,290 |
The above value is calculated on the basis of the return from Growth Option of the Scheme.
Different plans have a different expense structure. The performance details provided herein are of regular plan.
The current fund manager is managing the scheme since August-2017
*Compounded annualized Growth Rate.
Schemes Managed by Mr. Sharwan Kumar Goyal & Mr Ayush Jain. The performance of the benchmark is calculated using total return index variant of the benchmark index.
This product is suitable for investors who are seeking*
- Long term investment
- Investment in securities covered by Nifty Next 50 Index Risk-o-meter for the fund is based on the portfolio
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.
