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Investment Objective
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The objective of the scheme is to generate long term capital appreciation by investing
predominantly in equity and equity related securities of Public Sector Undertakings
(PSUs). There is no assurance that the investment objective of the Scheme will be
realized.
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Category of Scheme
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Thematic
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Type of Scheme
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An open ended equity scheme investing in PSU/PSU subsidiaries sector.
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Inception Date
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20th February, 2024
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Minimum Application Amount
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For new investor, INR 5000/- and any amount thereafter
For existing investors, INR 1000/- and any amount thereafter
For Systematic Investment Plan (SIP), the minimum amount is INR 1000/- and in
multiples of INR 1/- thereafter.
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Benchmark Index
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S&P BSE PSU Index TRI
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Load Structure
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Entry Load - Nil
Exit Load - 15 Days / 1%
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set Allocation Pattern
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Under normal circumstances, the asset allocation pattern will be as follows
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Indicative allocations (% of total assets)
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Risk Profile
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Instruments
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Minimum
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Maximum
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High/Medium/Low
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Equity and equity related instruments of PSUs
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80
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100
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Very High
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Equity and equity related instruments other than PSUs
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0
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20
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Very High
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Debt and money market instruments
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0
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20
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Low to Meduium
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Foreign Equity and Equity related instruments and Overseas ETFs
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0
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20
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Very High
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Units issues by REITs/InvITS
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0
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20
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Very High
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The Scheme retains the flexibility to invest across all the securities in the debt and
money markets as permitted by SEBI / RBI from
time to time, including schemes of mutual funds except FOFs in line with SEBI (Mutual
Funds) Regulations, 1996
The Scheme does not intend to invest in securities with Structured Obligations or
Credit Enhancements. The Scheme does not intend
to invest in debt instruments with special features in line with Clause 4.4.4 of Master
Circular dated May 19, 2023.
The investment pattern stated above is indicative and may be changed due to market
conditions. The proportion of the scheme
invested in each type of security will vary in accordance with microeconomic &
macroeconomic conditions, interest rates, and other
relevant considerations. These instances may be beyond the control of the fund
manager & the AMC and hence may require such
deviations only with the prior approval of SEBI. Such changes in the investment
pattern will be transitionary in nature and will be
undertaken as defensive considerations only in accordance with Clause 1.14 of SEBI
Master Circular dated May 19, 2023. Due to
market conditions, the AMC may invest beyond the range set out in the asset
allocation. Such deviations shall normally be for a short
term and defensive considerations as per Clause 2.9 of Master Circular dated May 19,
2023, and the fund manager will rebalance
the portfolio within 30 calendar days from the date of deviation. The intention being
at all times to seek to protect the interests of the
Unit holders. The risks associated with each investment are an important factor as
well. The net assets of this scheme shall
predominantly be invested as per the investment pattern stated above.
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Fund Manager
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Mr. Sandeep Tandon | Mr. Ankit Pande | Mr. Sanjeev Sharma | Mr. Vasav Sahgal
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Plans Available
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Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
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Options Available
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1.Growth Option and 2. IDCW
The IDCW option has the following facilities: (i) IDCW Reinvestment Facility. (ii) IDCW Pay-out Facility. Default Investment option is Growth Option. For the IDCW option, the default facility will be IDCW Reinvestment.
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Applicable NAV
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The NAV applicable for purchase or redemption or switching of Units based on the
time of the Business Day on which the application is time stamped
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Risk Factors
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For detailed scheme/securities related risk factors, please refer to the Scheme
Information Document
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Investment strategy
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The scheme will have an exclusive focus on PSU companies which offer stability,
dividends, and the backing of the Government. The scheme will look to diversify
across companies in the Energy, Defense, Banking space as well as any other sector
within the realm of PSU basket. The scheme will be actively managed using our VLRT
Framework to capitalize on emerging opportunities and eliminate potential risks.
The framework will cover several factors such as the absolute as well as relative
valuation (with PSU peers / Private peers), liquidity situation (GOI holding, divestment
plans etc.), risk appetite of investors towards PSU stocks, corporate governance
scorecard, fixed income(dividend)/capital appreciation opportunities, GOI policies,
sectoral capex spends and many more factors.
Key Investment thesis: Critical positioning & contribution of PSUs in advancing
India towards 3rd largest economy in the world Public Sector Units (PSUs) have played
a significant role in the advancement of the Indian economy and its ascent to becoming
one of the world's largest economies. While India aims to become the third-largest
economy in the world, PSUs continue to be key drivers of economic growth and development.
While PSUs have been key contributors to India's economic growth, it's important
to note that their efficiency and performance can vary widely. Reform and modernization
efforts are ongoing to enhance their competitiveness, operational efficiency, and
accountability.
Over the next five to ten years, as reforms continue to evolve, PSUs are poised
to become stronger and more dynamic players across various sectors of the economy
for the coming decades. Despite global trends favouring privatization, public enterprises
continue to play a significant role in economic activities to varying extents. This
fund seeks to invest in PSU stocks and leverage the potential value unlocked through
disinvestment or divestment.
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For Further Details :- https://quantmutual.com/downloads/factsheet
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