Benchmark MF is planning to launch Benchmark S & P CNX 500 Fund and it is an open ended Index scheme. It is designed to provide returns that closely correspond to the returns of stocks as represented by S&P CNX 500. The scheme has a growth option and dividend option. The dividend option has two facilities dividend payout and dividend reinvestment. The minimum application amount under the scheme is Rs. 10000 and in multiple of Re 1 thereafter. The investment objective of the scheme is to generate capital appreciation through equity investments by investing in securities, which are constituents of S&P CNX 500.
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