| Investment Objective The principal investment objective of the scheme is to invest in stocks of companies comprising the underlying index and endeavor to achieve return equivalent to underlying index by “passive” investment. The scheme will be managed by replicating the index in the same weightages in the underlying Index with the intention of minimizing the performance differences between the scheme and the underlying Index in capital terms, subject to market liquidity, costs of trading, management expenses and other factors which may cause tracking error. The scheme would alter the scripts/weights as and when the same are altered in the underlying index. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
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| Date of inception/allotment |
28th June, 2018 | ||||||||||||
| Fund Manager |
Mr. Sharwan Kumar Goyal, B.Com, CFA, MMS Managing the scheme since July 2018 Total Exp: 19 Yrs Mr Ayush Jain, Assistant Fund Manager, B.com, CA Managing the scheme since May 2022 Total Exp: 7 Yrs Mr. Lokesh Kulthia (Asst. Fund Manager) - B.Com (Hons), MBA (Finance), PGPFM, EPAT, Managing the scheme Since June, 2026 Total Exp: 7 Yrs |
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| Fund AUM/Folio as on 31st July, 2026 |
Fund Size Monthly Average : 7,135.74 Crore Closing AUM : 7,360.43 Crore No. of Folios : 3,11,569 |
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| High/Low NAV in the month |
High Growth Option : 26.2703 Low Growth Option : 25.2527 |
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Month-end Total Expense Ratio (%)* |
Regular : 0.88 Direct : 0.44 *For detailed YTD Total Expense Ratio refer to Click Here |
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Minimum Investment Amount |
Minimum Initial investment under a folio is 1000/- and in multiplies of 1/- thereafter with no upper limit | ||||||||||||
Plans/Options (Regular / Direct) |
Growth Option | ||||||||||||
Market Capitalisation (%) |
|
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Load Structure |
Entry Load* : Nil Exit Load : Nil *In terms of provision no. 11.7.1 of para 11.7 under Chapter 11 of SEBI Master Circular for Mutual Funds no entry load will be charged by the Scheme to the investor |
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NAV per unit as on 31st July, 2026 |
Regular Growth Option 26.2703 Direct Growth Option 27.3552 |
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| Tracking error as on 31st July, 2026 |  |
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Benchmark Index |
Nifty Next 50 TRI | ||||||||||||
Fund |
Benchmark |
|
| Beta | 1.00 |
|
| Standard Deviation (Annual) | 18.39% |
18.41% |
| Sharpe Ratio | 0.67 |
|
Portfolio Turnover Ratio (Annual) |
0.25 |
| Financial Services | 20% |
| Capital Goods | 17% |
| Power | 10% |
| Automobile and Auto Components | 9% |
| Fast Moving Consumer Goods | 8% |
|
Equity
|
% of NAV
|
| Divis Laboratories Ltd. | 4.03 |
| TVS Motor Company Ltd | 3.99 |
| Tata Motors Ltd | 3.59 |
| Hindustan Aeronautics Ltd | 3.47 |
| Adani Power Ltd. | 3.45 |
| Cholamandalam Investment And Finance Company Ltd. | 3.15 |
| Torrent Pharmaceuticals Ltd. | 2.96 |
| Cummins India Ltd. | 2.94 |
| Samvardhana Motherson International Ltd | 2.62 |
| Indian Hotels Company Ltd. | 2.55 |
| Bharat Petroleum Corporation Ltd. | 2.55 |
| Britannia Industries Ltd. | 2.51 |
| The Tata Power Company Ltd. | 2.50 |
| Avenue Supermarts Ltd. | 2.49 |
| Power Finance Corporation Ltd. | 2.43 |
| Varun Beverages Ltd | 2.38 |
| CG Power And Industrial Solutions Ltd. | 2.33 |
| Adani Energy Solutions Ltd. | 2.13 |
| HDFC Asset Management Company Ltd | 2.10 |
| Indian Oil Corporation Ltd. | 2.06 |
| Pidilite Industries Ltd. | 1.97 |
| Bajaj Holdings & Investment Ltd. | 1.93 |
| Gail (India) Ltd. | 1.93 |
| REC Ltd | 1.83 |
| Adani Green Energy Ltd | 1.83 |
| Bank Of Baroda | 1.77 |
| Vedanta Ltd | 1.77 |
| Solar Industries India Ltd. | 1.76 |
| United Spirits Ltd. | 1.76 |
| Godrej Consumer Products Ltd | 1.69 |
| Others | 25.31 |
| Net Current Assets | 0.17 |
| Total | 100.00 |
% of top 10 stocks |
32.77 |
Median Market Cap ( Cr) |
1,51,115 |
Weighted Average Market Cap |
1,64,937 |
Number of Securities |
50 |
All figures given are provisional and unaudited. |
| Fund Performance Vs Benchmark (CAGR) as on 31st July, 2026 Growth of 10000 |
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| Period | NAV Growth (%) |
Nifty Next 50 TRI (%) |
Nifty 50 TRI (%) |
NAV Growth () |
Nifty Next 50 TRI () |
Nifty 50 TRI () |
| 1 Y | 10.05 | 10.89 | -0.43 | 11,005 | 11,089 | 9,957 |
| 3 Y | 17.63 | 18.56 | 8.56 | 16,283 | 16,673 | 12,797 |
| 5 Y | 13.40 | 14.32 | 10.40 | 18,759 | 19,533 | 16,404 |
| SI* | 12.67 | 13.85 | 12.19 | 26,268 | 28,580 | 25,376 |
Past performance may or may not be sustained in future. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns. Different plans have a different expense structure. The performance details provided herein are of regular plan. *Compounded annualized Growth Rate. The Schemes is Managed by the Fund Manager Mr. Sharwan Kumar Goyal, Mr Ayush Jain (Asst. Fund Manager) & Mr. Lokesh Kulthia (Asst. Fund Manager). The performance of the benchmark is calculated using total return index variant of the benchmark index. Load is not taken into consideration for computation of performance.
| Period | |||||||
|
Investment Amount ()
|
Fund Value
() |
Nifty Next 50 TRI ()
|
Nifty 50 TRI ()
|
Yield (%) Fund
|
Yield (%)
Nifty Next 50 TRI |
Yield (%)
Nifty 50 TRI |
|
| 1 Y | 1,20,000 | 1,29,701 | 1,30,246 | 1,19,609 | 15.40 | 16.28 | -0.61 |
| 3 Y | 3,60,000 | 4,25,196 | 4,30,572 | 3,84,933 | 11.13 | 12.00 | 4.40 |
| 5 Y | 6,00,000 | 8,55,942 | 8,75,366 | 7,36,945 | 14.20 | 15.11 | 8.16 |
| 7 Y | 8,40,000 | 14,78,607 | 15,30,515 | 12,67,635 | 15.88 | 16.84 | 11.56 |
| SI | 9,70,000 | 18,22,770 | 18,96,991 | 15,77,649 | 15.18 | 16.13 | 11.74 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
This product is suitable for investors who are seeking*:
- Capital growth in tune with index returns
- Passive investment in equity instruments comprised in Nifty Next 50 index
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.