• The Mid Cap segment may provide a sweet spot in terms of earnings stability and growth prospects. The segment can also be explored for investment opportunities in key investment themes. Hence, it isn't surprising that many industry leaders are emerging within Mid-Caps.
• Momentum Investing, a rule-based investing system that buys and sells based on past returns, aims to help tackle the dispersion of returns in the mid cap space and select potential outperformers. Momentum investing is based on the herd behavior of investors. As investors rush to invest in an outperforming stock and the trend solidifies, the stock potentially outperforms the broad market further.

The fund tracks Nifty Midcap 150 Momentum 50 which provides exposure to the growing high momentum stocks within the midcap segment.

1. On or before 30 days from the date of allotment: 0.50%
2. After 30 days from the date of allotment: NIL.