Name of Fund: Bharti AXA Equity Fund
Scheme: It is an open-ended multi cap equity scheme.
Objective: The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
Investment options: The Scheme offers Regular, Eco and Institutional Plans. Eco plan is available for retail investments up to Rs 2 lakh only. Any additional investment beyond Rs 2 lakh by a unit holder in eco plan will be automatically transferred to the regular plan only. Institutional plan is available only to specified category of investors – FIIs, fund of funds, insurance companies, pension funds, superannuation funds and gratuity Funds.
Dividend frequency: Under each of the plan, there will be growth, bonus, and dividend option. The schemes will be having regular and quarterly dividend option offering dividend re-investment and dividend payout facilities.
Asset Allocation: The fund will invest 65%-100% in equity and equity related securities. Equity and equity related securities include: convertible bonds and debentures and warrants carrying the right to obtain equity shares, ADRs / GDRs issued by Indian companies and foreign equities or similar /comparable instruments, derivative instruments like options and futures on equity securities/ indices, such other instruments as may be permitted under the Regulations from time to time.
It will have an investment of 0-35% in debt and money market securities/instruments.
Money market instruments include commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, certificates of deposit, usance bills, reverse repo, CBLO and any other like instruments as specified by Reserve Bank of India from time to time. Fixed deposits and other current and savings instruments offered by the banks may also be used as an investment avenue and for facilitating investment into derivatives.
Face Value: Rs 10 per unit in cash plus applicable entry load
Entry Load:
Under regular plan: There will be 2.50% an entry load for purchases below Rs 2 crore; no load for purchases equal to and above Rs 2 crore.
Under eco plan: The scheme charges 2.50% an entry load.
For the institutional plan, the scheme does not levy an entry load.
Exit load:
For investments in regular plan –Below Rs 2 crore, 1% an exit load will be charged if redemption is done within 6 months from the date of allotment. From Rs 2 crore up to Rs 5 crore, 0.25% an exit load will be charged as redemption is done within 3 months. Above Rs 5 crore, there will be no exit load.
For investments in eco plan – The scheme will levy 1% an exit load if redeemed within 6 months from date of allotment.
For purchases made by way of Systematic Investment Plan / Systematic Transfer Plan, Exit Load of 1%, if redeemed within 6 months from date of allotment
Minimum Investment Amount: Minimum investment under retail plan is Rs 5,000 and in multiples of Re 1 thereafter. Under eco plan, the minimum investment amount is Rs 5000 in multiples of Re 1 thereafter. For the institutional plan, there will be Rs 5 crore as an application amount.
Minimum subscription amount: Rs 1 crore
Benchmark Index: S&P CNX Nifty Index
Fund Manager: Mr. Prateek Agrawal
Scheme: It is an open-ended multi cap equity scheme.
Objective: The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
Investment options: The Scheme offers Regular, Eco and Institutional Plans. Eco plan is available for retail investments up to Rs 2 lakh only. Any additional investment beyond Rs 2 lakh by a unit holder in eco plan will be automatically transferred to the regular plan only. Institutional plan is available only to specified category of investors – FIIs, fund of funds, insurance companies, pension funds, superannuation funds and gratuity Funds.
Dividend frequency: Under each of the plan, there will be growth, bonus, and dividend option. The schemes will be having regular and quarterly dividend option offering dividend re-investment and dividend payout facilities.
Asset Allocation: The fund will invest 65%-100% in equity and equity related securities. Equity and equity related securities include: convertible bonds and debentures and warrants carrying the right to obtain equity shares, ADRs / GDRs issued by Indian companies and foreign equities or similar /comparable instruments, derivative instruments like options and futures on equity securities/ indices, such other instruments as may be permitted under the Regulations from time to time.
It will have an investment of 0-35% in debt and money market securities/instruments.
Money market instruments include commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, certificates of deposit, usance bills, reverse repo, CBLO and any other like instruments as specified by Reserve Bank of India from time to time. Fixed deposits and other current and savings instruments offered by the banks may also be used as an investment avenue and for facilitating investment into derivatives.
Face Value: Rs 10 per unit in cash plus applicable entry load
Entry Load:
Under regular plan: There will be 2.50% an entry load for purchases below Rs 2 crore; no load for purchases equal to and above Rs 2 crore.
Under eco plan: The scheme charges 2.50% an entry load.
For the institutional plan, the scheme does not levy an entry load.
Exit load:
For investments in regular plan –Below Rs 2 crore, 1% an exit load will be charged if redemption is done within 6 months from the date of allotment. From Rs 2 crore up to Rs 5 crore, 0.25% an exit load will be charged as redemption is done within 3 months. Above Rs 5 crore, there will be no exit load.
For investments in eco plan – The scheme will levy 1% an exit load if redeemed within 6 months from date of allotment.
For purchases made by way of Systematic Investment Plan / Systematic Transfer Plan, Exit Load of 1%, if redeemed within 6 months from date of allotment
Minimum Investment Amount: Minimum investment under retail plan is Rs 5,000 and in multiples of Re 1 thereafter. Under eco plan, the minimum investment amount is Rs 5000 in multiples of Re 1 thereafter. For the institutional plan, there will be Rs 5 crore as an application amount.
Minimum subscription amount: Rs 1 crore
Benchmark Index: S&P CNX Nifty Index
Fund Manager: Mr. Prateek Agrawal
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