New Delhi : Financial specialists are profoundly excited almost the Dependence Jio IPO and are anticipating it with awesome expectation. After two decades, Dependence Businesses is set to dispatch an IPO for one of its major commerce units. Presently, Mukesh Ambani has given a critical upgrade with respect to this Jio IPO . The draft outline for Jio Stages is anticipated to be recorded following month. This may possibly be the biggest IPO in the country's history. Dependence has designated a consortium of 19 banks to oversee this process. Mukesh Ambani, Chairman of Dependence Businesses, has dropped a major indicate with respect to the exceedingly expected IPO of Jio Stages. Depicting it as a "definitive breakthrough," Ambani signaled that the company is quickly progressing in its arrangements for what is balanced to be India's largest-ever IPO. Talking amid the company's profit discharge, Ambani expressed, "I am satisfied to share that we are making...
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NFO Details
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Investment
Objective
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The scheme seeks an investment return that corresponds to the performance of the S&P 500 Index,
subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
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Minimum Application
Amount
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Rs. 500/- and multiples of Re. 1/-
thereafter
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Plans &
Options
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Plans - Direct &
Regular Plan.
Options - Growth
& Default plan/option
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Benchmark Index
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S&P 500 TR Index
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NFO Open Date
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15th April
2020
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NFO Close Date
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23rd April 2020
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Fund Manager
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Mr. Herin Visaria
(Foreign Securities) & Mr. Abhiroop Mukherjee (Debt Securities)
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Load Structure
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1% - If redeemed on or before 3 months
from the date of allotment. Nil- If redeemed after 3 months from the date of
allotment.
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