The Scheme invests primarily in equity and equity related instruments of dividend yielding companies. Companies may also choose to do a buyback in addition to or as an alternative to dividend. This also constitutes a yield to shareholders. The Scheme considers dividend yielding stocks which have paid dividend (or done a buyback) in at least one of the three preceding financial years.  

While trailing dividend yield is be an important factor in selecting a stock, the fund manager also considers on business fundamentals, industry outlook, absolute as well as relative valuations, growth outlook and corporate governance. Further, to achieve diversification the Scheme may also invest up to 35% of the assets in companies other than Dividend Yielding Companies. 

Redemption/Switchout/SWP/STP:
1. On or before 30 days from the date of allotment: 0.50%.
2. After 30 days from the date of allotment: NIL.