Navi MF introduces S&P BSE Sensex Index Fund
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Navi Mutual Fund (MF) has launched Navi S&P BSE Sensex Index Fund, an open-ended scheme replicating/ tracking S&P BSE SENSEX Index. The NFO opens for subscription on August 21, 2023 and closes on September 01, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 10 plus in multiples of Re 1 during the NFO.
The performance of the Scheme will be benchmarked with S&P BSE SENSEX Index (Total Returns Index) and its fund managers are Aditya Mulki and Ashutosh Shirwaikar.
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the S&P BSE SENSEX Index, subject to tracking errors.
