Navi Mutual Fund launches Navi NASDAQ 100 Fund of Fund

NFO period: 03^rd March - 17^th March, 2022

Highlights of the NFO:

• Scheme type - An open ended fund of fund investing in units of overseas ETF?s and/or Index Fund based on NASDAQ 100 Index


• Investment objective - The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETF?s and/ or Index Fund based on NASDAQ 100 Index. However, there is no assurance that the investment objective of the scheme will be realized.


• Product suitability - This product is suitable for investors who are seeking capital appreciation over the long term. Return that corresponds generally to the performance of NASDAQ 100 Index, subject to tracking error.


• Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular Plan and Direct Plan having Growth Option only.


• Fund Manager - Mr. Pranav Vasa


• Benchmark - NASDAQ 100 Index