Navi World Index Fund of Fund – Navi Mutual Fund files offer document with SEBI
Navi Mutual Fund has filed offer document with SEBI to launch an open ended Fund of Fund that invests in the units of overseas ETF’s and/or Index Fund based on the MSCI World Index.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/or Index Fund that invest in the MSCI World Index
The fund manager for this scheme is Mr. Pranav Vasa
“This product is suitable for investors who are seeking Capital appreciation over the long term.
Return that corresponds generally to the performance of MSCI World Index”
“The scheme asset allocation will be Units of overseas ETF’s and/or Index Fund based on the MSCI World Index (95-100%)
Debt schemes, Debt & Money Market Instruments, including Tri Party Repo^, G-Secs, and Cash (0-5%)”
The riskometer for this scheme is Very High
Also Read: Navi Blockchain Index Fund of Fund
| Name of Mutual Fund | Navi Mutual Fund |
| Scheme Name | Navi World Index Fund of Fund |
| About Scheme | An open ended Fund of Fund that invests in the units of overseas ETF’s and/or Index Fund based on the MSCI World Index |
| Offer of Unit | Rs.10 |
| Objective | to provide long-term capital appreciation by investing in units of overseas ETF’s and/or Index Fund that invest in the MSCI World Index |
| Name of Fund Manager | Mr. Pranav Vasa |
| This product is suitable for investors who are seeking | Capital appreciation over the long term. Return that corresponds generally to the performance of MSCI World Index |
| The scheme asset allocation will be | Units of overseas ETF’s and/or Index Fund based on the MSCI World Index (95-100%) Debt schemes, Debt & Money Market Instruments, including Tri Party Repo^, G-Secs, and Cash (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |
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