Volatility refers to price fluctuations in a security, portfolio, or market segment during a fairly short time period—a day, a few weeks, a month, a few months, and maybe even a year. Such fluctuations are inevitable in nature. However if one is investing for the long-term, volatility is not a problem and can even be your friend, enabling you to buy more of a security when it's at a low point.

Key Highlights:

      PE driven dynamic asset allocation – Solves the dilemma of selecting the correct asset class

      Emotion-free investing – Allocation and rebalancing decisions in this fund are well-defined and tested processes that removes biases

      Equity Taxation – Invests in both equity & debt asset classes, but seeks to maintain gross equity exposure of 65% at any given point in time

      Regularity of income – Endeavours to provide month-on-month tax-free dividends

      Fund for every market cycle – Suitable for investors looking for stable risk-adjusted returns over the long-term, irrespective of market conditions

Fund asset allocation update: The net equity exposure for the fund as on April 2017 is 42.12 and the trailing PE of S&P BSE 100 was 24.83