An open ended equity scheme following US focused theme.

The fund endeavours to invest in a portfolio of high quality stocks listed on recognized stock exchanges of US. The investment strategy of the fund would be powered by the research support of Morningstar Investment Adviser India Private Limited (MIA), a group company of Morningstar, Inc. Morningstar employs their proprietary research methodology, focused on Economic Moats, to identify investment opportunity. The fund proposes to follow the Hare Strategy for its investments. The Hare portfolio invests in stocks of firms that are experiencing rapid growth, emphasizing those that possess sustainable competitive advantages.
Companies in this strategy tend to faster-growing with both higher risk and higher return potential. The investment philosophy would be a blend of top down and bottom up approach without any sector or market capitalization bias.

July 23, 2015

Kinjal Desai,
Anju Chhajer

S&P 500 TRI

Monthly Average :	₹ 566.61 Cr
Month End :	₹561.71 Cr

Growth Plan	₹ 25.3286
IDCW Plan	₹ 25.3286
Direct - Growth Plan	₹ 27.1168
Direct - IDCW Plan	₹ 27.1168

Entry Load:	Nil
Exit Load:	1% if redeemed or switched out on or before completion of 1 month from the date of allotment of units. Nil, thereafter w.e.f Sep 20, 2021

Standard Deviation	5.22
Beta	0.96
Sharpe Ratio	0.28
Note:The above measures have been calculated using monthly rolling returns for 36 months period with 3.41% risk free return (FBIL Overnight MIBOR as on 30/11/2021).

Portfolio Turnover

0.15

Regular/Other than Direct	2.16
Direct	1.42

Inception Date: July 23, 2015
Past performance may or may not be sustained in future. It is assumed that a SIP of ₹10,000 each executed on 10th of every month including the first installment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.
B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns

For scheme performance please click here. For Fund manager wise scheme performance click here.