An Open-ended Equity Linked Savings Scheme with a statutory lock in of 3 years and tax benefit.

This is a simple and performing scheme which is eligible for distribution by new cadre of distributors.

The scheme offers the dual benefit of tax saving and wealth creation. It comes with a lock-in period of three years and provides individuals/HUFs a deduction from gross total income for investments in Equity-Linked Savings Scheme upto ₹1.5 lakh under section 80C of the Income Tax Act 1961.

The fund invests 80-100% of its portfolio in equity or equity related instruments.The equity strategy aims to provide long term capital appreciation from a reasonably diversified portfolio consisting of mid cap and large cap companies which:
(i) are likely to achive above average growth than the industry,
(ii) enjoy distinct competetive advantages,
(iii) have superior financial strenghts.