Navi Total Market Index Fund – Navi Mutual Fund files offer document with SEBI
Navi Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme replicating/tracking Nifty Total Market index.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to invest in companies whose securities are included in Nifty Total Market (the Index) and to endeavor to achieve the returns of the index as closely as possible
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, Equity and equity related securities covered by Nifty Total Market Index and Return that corresponds to the performance of Nifty Total Market Index
Also Read: Upcoming Mutual Funds
The scheme asset allocation will be Equities and equity related securities covered by Nifty Total Market Index (Upto 95-100%)
Debt & Money Market Instruments (upto 5%)
The riskometer for this scheme is Very High
Navi Total Market Index Fund
| Name of Mutual Fund | Navi Mutual Fund |
| Scheme Name | Navi Total Market Index Fund |
| About Scheme | an open-ended equity scheme replicating/tracking Nifty Total Market index |
| Offer of Unit | Rs.10 |
| Objective | To invest in companies whose securities are included in Nifty Total Market (the Index) and to endeavor to achieve the returns of the index as closely as possible |
| Name of Fund Manager | Mr. Pranav Vasa |
| This product is suitable for investors who are seeking | Capital appreciation over the long term, Equity and equity related securities covered by Nifty Total Market Index and Return that corresponds to the performance of Nifty Total Market Index |
| The scheme asset allocation will be | Equities and equity related securities covered by Nifty Total Market Index (Upto 95-100%) Debt & Money Market Instruments (upto 5%) |
| Riskometer | Very High |
| DRHP | Click here |
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