Sunday, 4 May 2008

Sahara Power & Natural Resources Fund Review

Sahara Mutual fund house has come out with its new fund offering or NFO, under the name Sahara Power & Natural Resources Fund
Sahara-Power-Natural-Resources-Fund
When will the Sahara Power & Natural Resources Fund NFO open for subscription?
The Sahara Power & Natural Resources Fund NFO offer opens on April 28th, 2008 and closes on May 27th, 2008.

What is the scheme type of Sahara Power & Natural Resources Fund?
Sahara Power & Natural Resources Fund is a Open ended diversified equity fund, which means that primary portion of the investments will be in equity, while any number of fund units can be created and redeemed, as per the demand and supply requirements.

What is the entry load & Exit load of Sahara Power & Natural Resources Fund?
The Sahara Power & Natural Resources Fund has a standard entry load of 2.25%.
No Exit load.

What sector will be the primary focus of Sahara Power & Natural Resources Fund?
As the name indicates, the primary focus of the Sahara Power & Natural Resources Fund will be the power and Natural Resources sector. The fund will invest into the stocks of these power and natural resources companies which aim to make business out of these sectors like Power Transmission, Distribution, etc. Natural resources may include base metal industry stocks, Coal, water, etc.

What is the price of each unit in Sahara Power & Natural Resources Fund?
Rs. 10 per unit during the NFO period.

Related: Sundaram BNP Paribas Financial Services Fund, Sundaram BNP Paribas Entertainment Fund

Options available for investments?
Two – Dividend Option and Growth option is available under the Sahara Power & Natural Resources Fund.

What is the minimum investment in Sahara Power & Natural Resources Fund?
Rs. 5000 is the minimum investment.

Which Benchmark Index will the Sahara Power & Natural Resources Fund be tracking?
S&P CNX NIFTY.

Any tax benefit available under the Sahara Power & Natural Resources Fund?
No tax benefits are available under the Sahara Power & Natural Resources Fund.
A simple scheme from Sahara fund house. May be a good option to look for. Table of Contents

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