Optimix 5-Star Multi Manager FoF | Value Research This fund of fund offering from Optimix can vary its equity holding from 65 to 100 per cent depending on their take of the current market
Fund News

Optimix 5-Star Multi Manager FoF

The primary objective of the scheme is to generate long-term capital appreciation primarily from a portfolio of equity funds. These will be accessed through the diversified investment styles of underlying schemes selected in accordance with the OptiMix Multi Manager investment process.

Multi Manager refers to the investment process by which the OptiMix Investment Team manages the funds held by OptiMix.

The allocation will be between equity funds (65% - 100%), debt, liquid and money market funds (up to 35%), and money market securities (up to 10%).

Fund manager Mugunthan Siva has worked with Optimix (Australia), Westpac Bank and Macquarie Bank.

Unit cost during NFO: Rs 10
Type of fund: Open-ended
Options: Growth, Dividend payout
Minimum investment: Rs 5000
Benchmark: S&P CNX Nifty Index
Fund Manager: Mr. Mugunthan Siva
Offer opened: November 24, 2006
Offer closes: December 22, 2006

Other Categories