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Name of the Scheme : Shinsei
Industry Leaders Fund
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Type of Scheme :
An open-ended equity scheme.
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Fund Manager : Mr.
David Pezarkar
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Investment Objective :
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The scheme seeks to generate income and long-term capital appreciation by investing
in a diversified portfolio of predominantly equity and equity-related securities
of companies identified as industry leaders. However, there can be no assurance
that the investment objective of the scheme will be realized and the scheme does
not assure or guarantee any returns.
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Plans & Options :
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Plans : Nil
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Options : Growth option and Dividend option (with Dividend Payout and Dividend Reinvestment
sub-options).
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Default Option :
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Default option: Growth Option
In case of Dividend option,
Default sub-option: Dividend Reinvestment
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Minimum Application Amount /No. of units :
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Purchase
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Additional Purchase
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Repurchase / Redemption
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Rs. 5,000/- and in multiples of Re.1/- thereafter.
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Rs.1,000/- and in multiples of Re.1/- thereafter
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Rs. 1,000/- or equivalent Unit value and in multiples of Re.1/- thereafter. In case
the Unit balance in a folio subsequent to a Redemption request falls below Rs. 1,000/-,
all Units under that folio will be redeemed.
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Load Structure :
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Load
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Particulars
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Load (% of Applicable NAV)
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Entry Load
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NA*
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Exit Load (including SIP/STP)
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If the Units are redeemed / switched-out within 6 months from the date of allotment
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If the Units are redeemed / switched-out after 6 months but within 1 year from the
date of allotment
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If the Units are redeemed / switched-out after 1 year from the date of allotment
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No Entry Load / Exit Load is chargeable in case of Switch-in and Switch-out made
between different options of the scheme.
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* In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June
30, 2009, no entry load will be charged by the scheme to the investor. Upfront commission
shall be paid directly by the investor to the AMFI registered distributor based
on the investor’s assessment of various factors including the service rendered by
the distributor.
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Benchmark Index :
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BSE 100 index
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Types of Instruments
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Asset Allocation (% of net assets)
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Minimum
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Maximum
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Equity and equity related securities of companies identified as industry leaders$
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Debt* and money market securities/ instruments
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$Industry leader is defined as a company which, in the opinion of the
fund manager, has :
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- Attained a major market share in India and possesses the potential to maintain or
increase its market share in one or more products or services within its principal
sector**; or
- Been among the companies registering the highest growth rates in sales in the sector**
over the last three years; or
- Been among the most profitable company in the sector** over the last three years.
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** As per the industry classification of the Association of Mutual Funds in India.
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* Investments in asset backed securities (securitized debt) will not exceed 10%
of the net assets of the scheme. The scheme will not invest in foreign securitised
debt.
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If the scheme decides to invest in Foreign Securities in accordance with SEBI Regulations,
it is the intention of the fund manager that such investments will not normally
exceed 20% of the net assets of the scheme.
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Investment in derivatives instruments will be up to 35% of the net assets of the
scheme for the purpose of hedging and portfolio rebalancing in accordance with the
guidelines issued by SEBI.
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Expense Ratio:
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Effective from September 9, 2009 :- 2.5%
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