For Exits beyond 90 days from date of allotment of units: NIL.
- Date of Inception: Direct Plan: February 04, 2021.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on December 10, 2024.
- The performance provided is for Direct Plan - Growth Option.
At the time of initial NFO allotment, the resources were allotted as per following table:
| Variation* from Long Term average PE | % Equity Allocation |
| Above 40% | 30% |
| Between 31% and 40% | 30% |
| Between 21% and 30% | 40% |
| Between 11% and 20% | 60% |
| Between 1% and 10% | 80% |
| Below 0% | 100% |
*PE variation is defined as the deviation of trailing PE of Nifty 50 Index ( observed on a 20 days moving average basis) from 15 year rolling average PE of Nifty 50 Index.
From the subsequent month from the date of allotment, the fund would rebalance the portfolio on monthly basis according to the following table:
| Variation* from Long Term average PE | Rising Variation*** |
| Less than -20% | Directional equity exposure 100% |
| Between -20% and -11% | Maintains exsiting equity exposure plus switches 50% of debt equity for every monthly observation |
| Between -10% and 0% | Maintains exsiting equity exposure plus switches 10% of debt equity for every monthly observation |
| Between 1 and 10% | Maintains exsiting equity exposure |
| Between 11 % and 30% | Maintains exsiting equity exposure |
| Between 21% and 30% | Maintains exsiting equity exposure |
| Between 31% and 40% | Shifts 50% money from debt equity for every monthly observation** |
| Above 40% | Directional equity exposure 30% |
| Variation* from Long Term average PE | Falling Variation*** |
| Above 40% | Directional equity exposure 30% |
| Between 31%% and 40% | Shifts 50% money from debt equity for every monthly observation** |
| Between 21% and 30% | Directional equity exposure 50% |
| Between 11 and 20% | Directional equity exposure 50% |
| Between 1% and 10% | Directional equity exposure 65% |
| Between -10% and 0% | Maintains exsiting equity exposure plus switches 10% of debt to equity for every monthly obervation |
| Between -20% and -11% | Maintains exsiting equity exposure plus switches 50% of debt to equity for every monthly obervation |
| Less than -20% | Directional equity exposure 100% |
* PE variation is defined as the deviation of trailing PE of Nifty 500 Index (observed on a 20 days moving average basis) from 15 year rolling average PE of Nifty 500 Index.
** This will be subject to the overall equity floor of 30%.
***Fund will have at least 65% exposure to equity and equity related instruments at all points of time. Within this, minimum directional exposure to Equity will not go below 30% and the balance exposure will be invested in derivatives.
The rising and falling variation would be defined as a sequential rise or fall in the variation on a month on month basis that is, the variation for a particular month end would be compared to the variation of the previous month end to ascertain the trend.
The model recommendations would come on the 1st working day of the month, basis which the recommended actions needed to be taken in the portfolio will be executed within 7 working days.
In case there is a deviation from the model recommendation at the end of the execution period (i.e. the 7th working day), the portfolio would be rebalanced within another 7 working days and reasons for the same shall be recorded in writing.
The asset allocations to Equity and Fixed Income asset classes would be governed by the DAAAF Model, however, the selection of specific securities/papers in equity as well as debt will be done at the respective fund manager’s discretion. The Equity portion of the investments would be allocated in a diversified manner and the Fixed Income portion of the investments would be managed through investments in debt securities at the fund manager’s discretion.
The overall investment strategy will be in line with the investment objective and asset allocation of the scheme at all times.
- Capital appreciation over a long period of time.
- Investment in equity and equity related securities including the use of equity derivatives strategies and arbitrage opportunities with balance exposure in debt and money market instruments.
- Degree of risk – VERY HIGH
The risk of the Benchmark is
High
The risk of the Benchmark is High
