| An open-end diversified equity fund that seeks to achieve capital appreciation through investments in Indian companies/sectors with high growth rates or potential. |
| The fund's focus will be on companies offering the best trade-off between growth, risk and valuation. The fund manager will be looking for sustainable competitive advantages - proprietary intellectual property, strong management, distribution/cost advantages or entry barriers specific to the respective sector. |
| The fund will be managed based on a mix of top-down (macro analysis to identify sectors) and bottom up approach (micro analysis to pick stocks within these sectors). |
| Between 70 per cent and 100 per cent of the portfolio allocation will be in equities and equity-linked instruments. Debt securities, securitised debt and money market instruments will comprise 0 per cent to 30 per cent of the portfolio. |
| A maximum of 35 per cent of the net assets of the scheme can be invested in foreign securities while exposure to derivatives can go up to a maximum of 50 per cent. |
| Snapshot |
| Issue opens: May 31, 2007 Issue closes: June 29, 2007 Options: Growth, Dividend Reinvestment, Dividend Payout Cost per unit: Rs 10 Minimum investment: Rs 5,000 Fund Managers: K N Sivasubramanian, Anand Radhakrishnan Entry load: 2.25% Exit load: 0.5% for redemption within 6 months of allotment |
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