Navi Mutual Fund launches Navi Nifty 500 Multicap 50:25:25 Index Fund

NFO period: 18^th July – 30^th July, 2024

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/ tracking Nifty 500 Multicap 50:25:25 index


• Investment objective – The investment objective of the scheme is to achieve return equivalent to Nifty 500 Multicap 50:25:25 Index by investing in stocks of companies comprising Nifty 500 Multicap 50:25:25 Index, subject to tracking error. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking to create capital appreciation over long time. By investing in equity and equity related securities covered by Nifty 500 Multicap 50:25:25 Index. Return that corresponds to the performance of Nifty 500 Multicap 50:25:25 Index, subject to tracking error.


• Minimum Application Amount – First investment is Rs. 10/-and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth option only.


• Fund Manager – Mr. Aditya Mulki and Mr. Ashutosh Shirwaikar


• Benchmark – Nifty 500 Multicap 50:25:25 Index