To achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies that will benefit from the adoption of innovative strategies or following the innovation theme.
Benchmark:
NIFTY 500
Fund Manager:
Niket Shah, Atul Mehra, Rakesh Shetty, Sunil Sawant
Union Innovation & Opportunities Fund | -0.22(6M) | 23.55(1Y) |
ICICI Prudential Innovation Fund | -2.71(6M) | 21.03(1Y) |
It is a brave new world which demands newer scheme attributes. And innovation is a catchy theme now.
Fund House AAUM:
Rs 9251165.12 Lakhs(as on 31st December, 2024)
Fund Manager:
Combined experience of above 15 years
I doubt how deep the basket is …if innovation is the key differentiator. Lets see how the scheme portfolio holds up.