The New Fund Offer (NFO) price for
the scheme is Rs 10 per unit. The new issue will be open for subscription from
09 October to 23 October 2019.
The investment objective of the
scheme is to generate capital appreciation from a diversified portfolio of
equity, equity related instruments and units of global mutual funds which
invests into such companies that utilize new forms of production, technology,
distribution or processes which are likely to challenge existing markets or
value networks, or displace established market leaders, or bring in novel
products and/or business models.
The scheme offers growth and
dividend (payout and reinvestment) option.
The scheme shall invest 80% -
100% of assets in equity and equity-related securities of companies having
pioneering innovations theme with high-risk profile and invest up to 20% of
assets in equity and equity-related securities of companies other than having
pioneering innovations theme with medium to high-risk profile and invests up to 20% of assets in debt & money market instruments with low to medium risk
profile and invests upto 10% of asset in Units issued by REITs and InvITs with
medium to high-risk profile.
- The minimum application amount is Rs 5000 and in multiples of Rs 1 for purchase and switch-ins.
- The minimum additional amount is Rs 1000 and in multiples of Rs. 1/- for purchase and switch-ins.
- The fund seeks to collect a minimum subscription (minimum target) amount of Rs 10 crore under the scheme.
Entry load: Nil
Exit load: For redemptions /
switch outs within 1 year from the date of allotment of units, irrespective of
the amount of investment: 1%
If units are redeemed or switched
out on or after 1 year from the date of allotment of units, irrespective of the
amount of investment: Nil.
The performance will be
benchmarked against 85% IISL KOTAK INDIA PIONEERING INNOVATIONS INDEX + 15%
MSCI ACWI INFORMATION TECHNOLOGY INDEX TRI.
Harish Krishnan will be the Fund
Manager for the Scheme. Arjun Khanna will be the Dedicated Fund Manager for investments
in foreign securities.
Capitalstars is a SEBI registered investment advisor. Schedule a call with Capitalstars investment consultant or drop a mail at backoffice@capiltalstars.in and we will get in touch with you. You may also call us on 9977499927
Investment trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
For more details call on 9977499927 or visit our website www.capitalstars.com
