** High Dividend Yield Companies are defined as Companies whose dividend yield, at the time of investment, is equal to or higher than the dividend yield of the Company with the lowest dividend yield in the CNX Dividend Opportunities Index, ascertained as at the close of previous trading day.
The scheme intends to use derivatives for purposes that may be permitted by SEBI (Mutual Funds) Regulations, 1996 from time to time. The scheme shall have a maximum net derivatives position up to 50% of the portfolio.
The Scheme may also invest in overseas financial debt instruments including units of overseas mutual funds,as detailed below:-
Investments will only be made in instruments denominated in US Dollar, Singapore Dollar, Japanese Yen, Euro, Sterling Pound or in any other liquid currency as may be decided by the AMC from time to time and will be subject to following limits:
||% of Net Assets|
|Investment in overseas financial debt instruments including units of overseas mutual funds
||Not exceeding 35% of the Scheme's assets subject to a maximum limit of US $300 million per mutual fund or such other limit as specified by SEBI from time to time.|
Subject to the SEBI Regulations, the Mutual Fund may deploy upto 50% of its total net assets of the Scheme in Stock Lending.