The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the Nifty 200 Alpha 30 Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the scheme would be achieved

• Investment in Equity and Equity Related Instruments: The Scheme would invest in stocks constituting the Nifty 200 Alpha 30 Index in the similar proportion (weightage) as in the Index and endeavour to track the benchmark index.
• Investment in debt and money market instruments: Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds.

• The Nifty 200 Alpha 30 index consist of 30 stocks which are selected from its parent Nifty 200 index based on Jensen’s Alpha. The weight of stocks in the index is based on their alpha scores.
• Alpha is categorized as a “persistence” factor i.e. which seeks to benefit from continued latest trends in the market.
• The index adjust to changing market conditions and increases the coverage and weight to currently outperforming sectors.
• Relatively low-cost option to take exposure in smart beta ETFs.