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The scheme is dynamically managed with the fund manager having the discretion to vary the equity exposure between 0% – 90% and the balance will be invested in debt instruments. The scheme seeks to adopt a momentum based strategy by increasing the equity exposure as the index (Nifty) moves up and decreasing the exposure in case the trend starts weakening. As a result of such leverage, the scheme may witness volatility in returns but should deliver good returns over a long period, as our economic growth remains strong. |