|
Name of the Scheme : Daiwa Industry Leaders Fund (DILF)
|
|
|
|
Type of Scheme :
An open-ended equity scheme.
|
|
|
|
Fund Manager : Mr.
David Pezarkar
|
|
Investment Objective :
|
|
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.
|
|
Plans & Options :
|
|
Plans : (a) DILF (b) DILF - Direct Plan
|
|
|
|
Options : Growth option and Dividend option (with Dividend Payout and Dividend Reinvestment sub-options).
|
|
|
Default Option :
|
Default option: Growth Option
In case of Dividend option,
Default sub-option: Dividend Reinvestment
Where application is received without distributor code or "Direct Plan" mentioned in the ARN column, the application will be processed under Direct Plan. In case where distributor code is mentioned in the application form, but "Direct Plan" is indicated against the scheme name, the distributor code will be ignored and the application will be processed under "Direct Plan".
|
|
|
|
Minimum Application Amount / No. of units :
|
|
|
|
Purchase
|
Additional Purchase
|
Repurchase / Redemption
|
|
Rs. 5,000/- and in multiples of Re.1/- thereafter.
|
Rs.500/- and in multiples of Re.1/- thereafter
|
Rs. 500/- 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. 500/-, all Units under that folio will be redeemed.
|
|
|
Load Structure :
|
|
|
|
Load
|
Particulars
|
Load (% of Applicable NAV)
|
|
Entry Load
|
|
NA*
|
|
Exit Load (including SIP/STP)
|
|
If the Units are redeemed / switched-out within 1 year from the date of allotment
|
|
|
|
If the Units are redeemed / switched-out after 1 year from the date of allotment
|
|
|
No Entry Load / Exit Load is chargeable in case of Switch-in and Switch-out made between different options of the scheme.
No Exit Load will be charged for any switch of investments between the existing plan (DILF) and DILF-Direct Plan within the same scheme.
|
|
|
|
|
* 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.
|
|
Benchmark Index :
|
|
S&P BSE 100 index
|
|
|
|
Types of Instruments
|
|
Asset Allocation (% of net assets)
|
|
Minimum
|
Maximum
|
|
|
Equity and equity related securities of companies identified as industry leaders$
|
|
|
Debt* and money market securities/ instruments
|
|
|
|
|
|
$ 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 withinn 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.
|
|
|
|
* 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.
|
|
|
|
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 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.
|
|
Expense Ratio:
|
|
Effective from April 02, 2013: |
|
Existing Plan |
2.61% |
|
Effective from April 02, 2013: |
|
Direct Plan |
2.01% |
|
|