Navi Total Market Index Fund – Navi Mutual Fund files offer document with SEBI

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 FundNavi Mutual Fund
Scheme NameNavi Total Market Index Fund
About Schemean open-ended equity scheme replicating/tracking Nifty Total Market index
Offer of UnitRs.10
ObjectiveTo 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 ManagerMr. 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 beEquities and equity related securities covered by Nifty  Total Market Index (Upto 95-100%)
Debt & Money Market Instruments (upto 5%)
RiskometerVery High
DRHPClick here

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