Mahindra Mutual Fund launches Mahindra Rural Bharat and Consumption Yojana
NFO period: 22nd October – 02nd November, 2018
Highlights of the NFO:
- Scheme type – An open ended equity scheme following Rural India theme
- Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to benefit from the growth in rural India. However, there can be no assurance that the investment objective of the scheme will be achieved.
- Product suitability – This product is suitable for investors who are seeking long term capital appreciation; by investing predominantly in equity and equity related securities including derivatives of entities engaged in and/ or expected to benefit from the growth in rural India.
- Minimum Application Amount – First investment is Rs. 1,000/- and multiples of Rs. 1/- thereafter
- Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Dividend Option. Dividend Option will have Dividend Payout and Dividend Reinvestment facility.
- Fund Managers – Mr. V. Balasubramanian
- Benchmark – Nifty 200 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)