Overview

Very High Risk
Fund Size (AUM)
₹3767.16 Cr
as on 26 Jul 2026
CAGR
-8.30%
as on 30 Jun 2026
Expense Ratio
0.61 %
as on 30 Jun 2026
Fund Age
30 years 2 months
since 24 May 1996
Exit Load
0.50% of NAV
Within 90 days

Summary

An open ended equity scheme following Shariah principles. The investment objective of the Scheme is to provide medium to long- term capital gains by investing in Shariah compliant equity and equity related instruments of well-researched value and growth - oriented companies


Investment Philosophy

The scheme will adhere to the investment restrictions stipulated / advocated under Shariah principles. Shariah principles have been evolved over a period of time and are being reviewed periodically by the Shariah boards


Portfolio Positioning and Construction

  1. The fund shall invest only in listed, to be listed securities of companies incorporated in, or operating principally from, or carrying significant operations in, or derive substantial revenue from India. Such securities may include;
    • Common Stock or Equities;
    • GDRs or
    • other instruments with equity features.
  2. The fund shall not invest in the instruments which are in form and substance not compliant with the Shariah principles, such instruments include the following:
    • Preferred Stock (preference shares or securities with such features);
    • Options
    • Conventional Money Market Instruments
    • Futures and
    • Other derivative instruments.
  3. The fund shall not leverage its assets for borrowing
  4. The fund shall not indulge in short selling

Exit Load

0.50% of NAV if redeemed/switched out on or before 90 days from the date of allotment.


Minimum Investment Amount

SIP

100

Lumpsum

5,000

Calculators

100

₹ 10 Lakhs

Worth of investments in last

This Fund

N.A.

0%

Nifty 500 Shariah TRI

N.A.

0%

Nifty 50 TRI

N.A.

0%

**Past performance may or may not be sustained in future. For performance in SEBI format please refer returns section.

Holding Analysis

Key Measures ^

Key Measures**FundBenchmark
Standard Deviation14.5214.31
Sharpe Ratio0.010.31
Portfolio Beta0.83NA
R Squared0.71NA
Treynor0.02NA
Jenson-0.3NA
Past performance may or may not be sustained in future. Different plans have different expense structure

Holdingsas on 30 Jun 2026

Infosys Ltd.6.74%
Tata Consultancy Services Ltd.5.14%
Tech Mahindra Ltd.3.39%
Hindustan Unilever Ltd.3.28%
Bharat Heavy Electricals Ltd.2.88%

Sectorsas on 30 Jun 2026

Information Technology23.93%
Healthcare15.75%
Fast Moving Consumer Goods11.19%
Automobile And Auto Components9.87%
Chemicals7.21%

Returns over the years

as on 30 Jun 2026
Current value of ₹10,000 invested
Annualized (%)Nifty 500 Shariah TRIBenchmark(%)Nifty 50 TRIAdditional Benchmark(%)SchemeNifty 500 Shariah TRIBenchmark(%)Nifty 50 TRIAdditional Benchmark(%)

Since Inception

24 May 1996

13.46%14.24%12.19%₹55,043₹60,372₹47,244
Last 1 Year-8.30%-4.81%-5.42%₹9,170₹9,519₹9,458
Last 3 Years5.94%9.29%8.80%₹11,892₹13,056₹12,882
Last 5 Years8.15%8.25%9.98%₹14,802₹14,866₹16,097
Disclaimer:
Past performance may or may not be sustained in future. Different plans have different expense structure
.

Riskometer

This product is suitable for investors who are seeking* :

  • Long Term Capital Appreciation. 
  • Investment predominantly in equity & equity related instruments of shariah principles compliant companies and in other instruments allowed under shariah principles.
Scheme riskometer: Very High
Benchmark riskometer: Very High

** Investors should understand that their principal will be at Very High risk

Scheme Documents

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