Navi Mutual Fund launches Navi NASDAQ 100 Fund of Fund
NFO period: 03rd March – 17th March, 2022
Highlights of the NFO:
- Scheme type – An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ 100 Index
- Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF’s and/ or Index Fund based on NASDAQ 100 Index. However, there is no assurance that the investment objective of the scheme will be realized.
- Product suitability – This product is suitable for investors who are seeking capital appreciation over the long term. Return that corresponds generally to the performance of NASDAQ 100 Index, subject to tracking error.
- Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.
- Fund Manager – Mr. Pranav Vasa
- Benchmark – NASDAQ 100 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)