|
Risk Factors
|
|
Statutory details :
|
|
|
|
Shinsei Mutual Fund has been established as a trust sponsored by Shinsei Bank, Limited
(liability restricted to Rs. 1 lakh) with Shinsei Trustee Company (India) Private
Limited (Trustee under the Indian Trusts Act, 1882) as the Trustee and with Shinsei
Asset Management (India) Private Limited as the Investment Manager.
|
|
|
|
Risk Factors :
|
|
|
All mutual funds and securities investments are subject to market risks, and there
can be no assurance that the objectives of the schemes will be achieved and the
NAVs of the schemes may go up or down depending upon the factors and forces affecting
the securities market. Investment in mutual fund units involves investment risks
such as trading volumes, settlement risk, liquidity risk, default risk including
the possible loss of principal. As the price / value / interest rates of the securities
in which the schemes invest fluctuate, the value of your investment in the scheme(s)
may go up or down. Investors in the schemes are not being offered any guaranteed
or assured returns. Dividend is not guaranteed or assured and will be declared subject
to availability and adequacy of distributable surplus. Past performance of the Sponsor
and its affiliates do not indicate the future performance of the Mutual Fund or
any of its schemes. The names of the schemes do not in any manner indicate either
the quality of the schemes, their future prospects or returns. The Sponsor is not
responsible or liable for any loss resulting from the operation of the schemes beyond
the initial contribution of Rs.1,00,000/- made by it towards setting up the Mutual
Fund. Please refer to the respective Scheme Information Document (SID) for details
on scheme specific risk factors.
Copies of the SID, Statement of Additional Information (SAI) and Key Information
Memorandum along with application forms can be obtained from any of our offices
/ website (www.shinseifunds.com) / Investor Service Centres / Distributors.
Please read the SAI / SID(s) carefully in their entirety before investing and retain
the SAI / SID(s) for future references.
|
|
|
|
Shinsei Liquid Fund (an open ended liquid scheme)
|
|
|
|
Scheme objectives :
|
|
|
|
Shinsei Liquid Fund seeks to generate reasonable returns commensurate with low risk
and high liquidity, from a portfolio constituted of money market instruments and
short term debt instruments with a residual maturity of up to 91 days. However,
there is no assurance that the investment objective of the Scheme will be realized
and the Scheme does not assure or guarantee any returns.
|
|
|
|
Asset allocation :
|
|
|
|
Money Market instruments with maturity& of upto 91 days: 80 to 100%; Debt securities*
with maturity# of upto 91 days: 0 to 20%.
|
|
|
|
# Explanation :
|
|
|
a. In case of securities where the principal is to be repaid in a single payout,
the maturity of the securities shall mean residual maturity. In case the principal
is to be repaid in more than one payout, then the maturity of the securities shall
be calculated on the basis of weighted average maturity of security.
&b. In case of securities with put and call options (daily or otherwise) the residual
maturity of the securities shall not be greater than 91 days.
&c. In case the maturity of a security falls on a non-business day then settlement
of securities will take place on the next business day.
|
|
|
|
*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 securitized
debt.
|
|
|
|
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.
|
|
|
|
Shinsei Industry Leaders Fund (an open ended equity scheme)
|
|
|
|
Scheme Objectives :
|
|
|
|
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.
|
|
|
|
Asset allocation :
|
|
|
Equity and equity related securities of companies identified as industry leaders$
- 65% to 100%; Debt* and money market instruments – upto 35%.
$ Industry leader is defined as a company which, in the opinion of the fund manager,
has:
- 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.
** as per the industry classification of the Association of Mutual Funds in India.
*Investment in asset backed securities (securitized debt) will not exceed 10% of
the net assets. The Scheme will not invest in foreign securitized debt.
Investments in foreign securities will not exceed 20% and investment in derivatives
will not exceed 35% of the net assets of the Scheme.
|
|
|
|
Shinsei Treasury Advantage Fund (an open ended income scheme)
|
|
|
|
Scheme Objectives :
|
|
|
|
The scheme seeks to generate regular income through a judicious mix of portfolio
comprising, predominantly of money market instruments and short term debt securities
with a residual maturity of up to three years. However, there is no assurance that
the investment objective of the scheme will be realized and the scheme does not
assure or guarantee any returns.
|
|
|
|
Asset allocation :
|
|
|
Money market instruments with residual maturity of upto 1 year: 60 to 100%; Debt
securities including corporate debt, securitised debt* and government securities
with residual maturity of upto 3 years: 0 to 40%.
* Investments in securitised debt will not exceed 20% of the net assets of the scheme.
The scheme will not invest in foreign securitised debt.
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.
Investment in debt derivatives instruments will be up to 50% of the net assets of
the scheme for the purpose of hedging and portfolio rebalancing.
|
|
|