Navi Blockchain 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 Indxx Blockchain 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 Indxx Blockchain 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 Indxx Blockchain Index”
“The scheme asset allocation will be Units of overseas ETF’s and/or Index Funds based on Indxx Blockchain Index (95-100%)
Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo^, G-Secs and Cash. (0-5%)
The riskometer for this scheme is Very High
Also Read: Navi Total Market Index Fund – Navi Mutual Fund files offer document with SEBI
| Name of Mutual Fund | Navi Mutual Fund |
| Scheme Name | Navi Blockchain 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 Indxx Blockchain 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 Indxx Blockchain 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 Indxx Blockchain Index |
| The scheme asset allocation will be | Units of overseas ETF’s and/or Index Funds based on Indxx Blockchain Index (95-100%) Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo^, G-Secs and Cash. (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |
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