Equity Fund and Equity II Fund
To generate long-term capital appreciation from active management of a portfolio invested in diversified equities. The diversified Equity Fund is a long term growth fund. The Fund's primary objective is to have high capital appreciation through investment in Equities. To maintain liquidity the Fund will invest in cash and money market instruments.
Growth Fund and Growth II Fund
To achieve capital appreciation by investing predominantly in equities, with limited investment in Fixed Income securities. This Fund will invest in listed equities and high quality fixed income and money market securities. The fund intends to adopt a relatively aggressive approach towards bonds and equities with the objective of achieving capital appreciation.
Balanced Fund and Balanced II Fund
To generate capital appreciation and current income, through a judicious mix of investments in equities and fixed income securities. This Fund will invest in listed equities and high quality fixed income securities, and money market instruments. The fund intends to adopt a relatively balanced approach towards bonds and equities exposure with the objective of achieving capital appreciation with minimal short-term performance volatility.
Debt Fund
To earn regular income by investing in high quality Debt securities. This Fund will primarily invest in a portfolio of high quality bonds and other fixed and floating rate securities issued by the Government, Government agencies and corporate issuers. To maintain liquidity the fund will invest in cash and money market instruments.
Liquid Fund
To generate reasonable returns commensurate with low risk and a high degree of liquidity. This Fund will primarily invest in portfolio constituted of money market and high quality debt securities.