India, Aug. 30 -- This scheme is an open-ended index fund that aims to replicate the BSE 500 Quality 50 Total Return Index. It selects fifty companies from the BSE 500 universe based on financial strength, return on equity, consistency of earnings, and low leverage. It invests across market capitalisations with about half the portfolio in large caps and the rest in mid and small caps. It rebalances quarterly to keep the quality criteria intact.

The main attributes of the scheme for easy reference are:

The scheme seeks returns that closely match the BSE 500 Quality 50 Total Return Index before expenses while minimising tracking error.

Investing in a quality factor fund offers potential advantages, especially in volatile markets.

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