The scheme is built on the flexi cap model, a category that allows fund managers full freedom to invest across large, mid and small cap stocks without any preset allocation. Regulations require the fund to maintain at least 65% exposure to equities, keeping it positioned as a growth oriented product. The format gives managers room to shift weights based on market conditions, helping manage risk and potentially enhance returns over a full cycle.

The fund aims to generate long term capital appreciation through investments in equity and equity related instruments across market capitalisations, although the objective is not guaranteed.

The benchmark for the scheme is the BSE 500 TRI, which tracks the performance of the 500 largest companies on the exchange and reflects a broad swathe of India's listed market.

The scheme's asset mix allows 65% to 100% allocation to equities and up to 35% to debt and money market instruments. It can also invest in REITs and InvITs, mutual fund units and securitised debt within regulatory limits. Derivative exposure for non hedging purposes can go up to 50% of equity assets, while overseas investments are permitted up to 35% of total assets.

Its investment strategy blends top down macro analysis with bottom up stock selection to identify opportunities across the market spectrum. The fund will be managed by Sanjay Doshi, a CFA and MBA with more than two decades of experience in equity fund management.

Units are being offered at an NFO price of Rs 10, with continuous subscriptions set to resume on December 30. Investors can enter the scheme with a minimum lump sum of Rs 500 or start a SIP with Rs 500 for at least five instalments. Redemptions and switches can be made from Rs 100 onward. The fund is available under regular and direct plans with growth and IDCW options, with growth being the default.

The exit load structure waives charges if up to 10% of units are redeemed within the first three months. Redemptions above that threshold attract a 1% charge, after which the load drops to zero. IDCW reinvestments do not carry an exit load.

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