Scheme: It is a close-ended diversified equity scheme with a maturity period of 3 years.

Objective: The investment objective of the Plan under the scheme is to seek to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies across large, mid and small market capitalization.

Asset Allocation: The fund would invest 70-100% of corpus in equity and equity related securities. There will be 0-30% investment in debt and money market instruments including cash equivalent. The investment in securitised debt will be up to 50% of the debt portfolio and derivative instruments to the extent of 80% of the net assets. It is proposed to make investments in ADR/GDR to the extent of 20% of the net assets.

Fund Opens: 8 January 2008

Fund Closes: 21 February 2008

Face Value: Rs 10

Investment Options: There are two options available under the scheme viz. retail and institutional option. Both the options have a choice of growth or dividend sub-option. Growth sub-option shall be the default sub-option. Under dividend sub-option, dividend payout facility is only available.

Load: Due to its close-ended structure the scheme does not charge any entry load. No exit load will be charged. However, being a close-ended Scheme, for redemptions made before the maturity date of the scheme, i.e. redemptions made during the repurchase facility period, AMC will redeem the units after recovering the balance proportionate unamortized new fund offer expenses.

Minimum Investment Amount: The minimum application amount under retail option is Rs.5000 and in multiple of Re 1 thereafter. Under institutional option, the minimum application amount is Rs 5 crore and in multiples of Re 1 thereafter.

Fund Manager: Mr. Deven Sangoi.

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