Investment Objective

The objective of the scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies. However, there can be no assurance that the investment objective under the scheme will be realized

Minimum Application Amount

₹ 5,000 and in multiples of ₹ 1 thereafter.
For Systematic Investment Plan (SIP), the minimum amount is ₹ 500/- per month for a minimum period of 12 months or Minimum ₹ 1000/- per month for a minimum period of 6 months. Minimum ₹ 1500/- per quarter for a minimum period of 4 quarters.

Load Structure

Entry Load - Not applicable
Exit Load
  • 1% for exit within 12 months from the date of allotment, Nil thereafter

Minimum Additional Amount
(For subsequent investments under an existing folio)

₹ 1000 and in multiples of ₹ 1 thereafter.

Minimum Redemption Amount

₹ 1000 and in multiples of ₹ 1 thereafter.

Benchmark Index

NIFTY Midcap 150 - TRI

Investment Strategy

  • The investment strategy of the Scheme involves constructing a well-diversified portfolio of companies predominantly from the midcap universe. The investment team will adopt a combination of top-down and bottom-up approaches for portfolio construction. The investment philosophy focuses on growth at reasonable prices by evaluating companies across fundamental parameters like competitive position, earnings growth, management quality, promoter track record, future plans, valuation corporate governance, sustainable cash flows etc.

Who Should Invest?

  • Investors wishing to invest in companies in the midcap space that are likely to transform into tomorrow’s market leaders over a period.
  • Investors having relatively high-risk appetite and patience to absorb short term volatility.
  • Investor looking to invest in growing business across sectors with investment horizon of 5 years or more.

Asset Allocation

Instruments Indicative allocations (% of total assets) Risk Profile
Minimum Maximum High / Medium / Low
Equity & Equity related instruments of Midcap Companies 65 100 High
Equity & Equity related instruments of other than midcap companies 0 35 High
Debt and Money Market instruments 0 35 Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0 10 Medium to High

Fund Manager

Mr. Karan Doshi - managing since 31st July, 2023

Plans Available

Regular Plan and Direct Plan.
(The Regular and Direct plans will have a common portfolio)

Risk Factors

For detailed scheme/securities related risk factors,
please refer to the Scheme Information Document

Options Available

1. Growth Option and 2. IDCW Option
The IDCW option has the following facilities:
(I) Reinvestment of IDCW (ii) Pay-out of IDCW
Default Investment option is Growth Option.
For the IDCW option, the default facility will be Reinvestment of IDCW
*IDCW: Income Distribution cum Capital Withdrawal


Investors understand that their Principal wil be at Very High Risk

This product is suitable for investors who are seeking*:
  • Long term capital growth.
  • Investment predominantly in equity & equity related instruments of Midcap companies
  • Risk - Very High
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. The change in Risk-o-meter will be evaluated on a monthly basis. For Scheme related details, including updation in Riskometer (if any) may please be referred on our website: