FAQs

Mutual Funds

12 Feb 2003

The S&P CNX NIFTY, also popularly known as the Nifty fifty, is one of the most scientific indices in India that reflects the price movement of 50 blue-chip, large cap, liquid and highly traded stocks over 25 sectors. The Nifty is managed by India Index Services & Products Ltd. (IISL), which has been set up by NSE and CRISIL with technical assistance from Standard & Poor. IISL focusses on the Index as its core product and today owns and operates the S&P CNX Nifty. The S&P CNX Nifty has been in operation since November 5, 1995 and has a base price of 1,000. The Index touched its peak of 1,756 on Feb 11, 2000 and quoted at 1041.85 as of January 31, 2003.

Some of the other stocks included in the Nifty Index (not in any specific order) are Cipla, TELCO Ltd , Mahanagar Telephone Nigam, Gujarat Ambuja Cements, Hero Honda and NIIT Ltd .

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

AMFI Registered Mutual Funds Distributor | ARN-52619 |Validity: 20/08/2027