An open ended hybrid scheme investing predominantly in equity and equity
related instruments.
Investment Objective
To provide long-term capital appreciation along
with stability through a well balanced portfolio comprising of equity,
equity related instruments, money market instruments and debt
securities.
Plans
The Schemes have two plans thereunder, viz. Plan
A and Plan B (Direct).
Plan B (Direct) is meant
for direct investments, i.e. for investors who
purchase/subscribe to the units of the Scheme directly with
the Fund and is not available for investors who route their
investments through a Distributor, while Plan A is meant for
investors who route their investments through distributors
only.
Both Plans will have a common portfolio but
Plan B (Direct) will have a lower expense on account of
absence of brokerage and commission. Hence both plans will
have distinct NAVs.
Options
The Scheme(s) offer:
- A. Growth Option (default option in case no option specified by
investor);
- B. Dividend Option
Dividend Reinvestment sub-option shall not be available to investors who
transact through the stock exchange in dematerialized mode.
In
respect of units subscribed through SIP, allotment will be based on the
Applicable NAV, and will be credited to the demat account of the investor on
a weekly basis upon realization of funds. For e.g. Units will be credited to
the investor’s demat account every Monday for realization status received in
the preceding week from Monday to Friday.
Benchmark Index
Benchmark : CRISIL
Balance Fund Index
Fund Manager
Sanjay Chawla and Dipak Acharya
Load Applicability
Entry Load – Nill
Exit Load - 1% if redeemed on or before 365 days from the date of
allotment. NIL if redeemed after 365 days from the date of allotment of
units.
Minimum Application Amount :
Purchase : Rs. 5,000/- and in
multiples of Re. 1/- thereafter
Additional Purchase :
Rs. 1,000/- and in multiples of Re. 1/- thereafter
SIP
: Rs. 1000/- and in multiples of Re. 1/- thereafter per installment,
where an investor opts for a monthly SIP
Rs. 1500/- per installment, where an investor ops for a quarterly SIP.
SWP : Rs. 1000/- and in multiples of Re. 1/- thereafter
per installment, where an investor opts for a monthly SIP
Rs. 1500/- per installment, where an investor ops for a quarterly SIP.
Asset Allocation
|
Type of Instrument
|
Normal Allocation (% of net assets)
|
Risk Profile
|
|
Equity & Equity related Instruments
|
65 - 80
|
High to Medium
|
|
Debt securities & Money Market Instruments
|
20 - 35
|
Medium to Low
|
|
Investment in REITS and InvIT
|
0 - 10
|
High
|
No investment will be made in foreign securitised debt. The Scheme may take
derivatives position based on the opportunities available subject to the
guidelines issued by SEBI from time to time and in line with the overall
investment objective of the Scheme. These may be taken to hedge the
portfolio, rebalance the same or to undertake any other strategy as
permitted under the SEBI Regulations.
In addition to the instruments stated in the above table, the scheme may be
invest in the Collateralized Borrowing & Lending Obligations (CBLO) or repo or
in an alternative investment as may be provided by RBI to meet the liquidity
requirements. Pending deployment of the funds in securities as per the
investment objectives of the scheme, the Fund may park the funds of the scheme
in short term deposits of Scheduled Commercial Banks, subject to the guidelines
issued by SEBI vide its circular dated April 16, 2007 and as may be amended from
time to time.
The scheme shall not invest in the equity linked debentures.
The cumulative gross exposure through equity, debt and derivative positions
shall not exceed 100% of the net assets of the Scheme