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Escorts Power & Energy Fund

This product is suitable for investors who are seeking* :

* Provide capital distribution and medium to long term capital gains.

* Invest in equity and equity related instruments, in the
  Power / Energy sector.

risk Investors understand that their principal
will be at high risk.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Investment Objective

To provide income distribution and / or medium to long-term capital gains by investing predominantly in equity/equity related instruments of the companies in the Power/ Energy Sector and /or Debt/Money Market Instruments

Basic Scheme Information

Nature of scheme An Open Ended Growth Scheme
Inception Date Sep, 2008
Option Plan/Direct Plan Existing Plan : Dividend Option, Growth Option. Dividend Option offers Dividend payout & Dividend Re-investment facility.
  Direct Plan (w.e.f. 01 Jan 2013): Dividend Option, Growth Option. The Dividend Option Offers Dividend Payout & Dividend Reinvestment facility.
Entry Load Nil
Exit Load 1% for redemption within 365 days
Minimum Application Amount For new investor : Rs 1000 and any amount thereafter
For existing investors Rs 1000 and any amount thereafter
Minimum SIP Investment Rs 1000 and any amount thereafter
Lock in Period Nil
Redemption Proceeds Within 10 working days of the receipt of the redemption request at the authorised centre of Escorts Mutual Fund
Tax Benefit Investors are advised to refer to the details in the Statement of Additional Information and also independently refer to his tax advisor.
Recurring expenses First Rs 100 crores : 2.50%
Next Rs 300 crores : 2.25%
Next Rs 300 crores : 2.00%
Balance : 1.75%
Benchmark Index BSE Power Index
Dividend Policy Policy The Trustee may decide and declare dividend at such rates, as it deems fit, subject to availability of distributable surplus (based)

Investment Pattern

The asset allocation under the respective Plans will be as follows:
Types of instruments Normal Allocation (% of Net Assets)
Equity shares & equity related instruments of companies in Power & Energy sectors Approx. 65-100 (max)
Debt Instruments, Govt Bonds , Money Market instruments by
scheme in securitized debt will ot normally exceed 40% of the debt components of the scheme
Approx 0-35
Risk profile of the Scheme Mutual Fund investments are subject to market risks. Please read the SID carefully for details on risk factors before investment. Scheme specific risk factors are summarized below:
1. The Scheme’s investment portfolio will be concentrated in power & energy associated companies. This might lead to increased volatility in the movement of NAV
2. As with any investment in stocks and shares, the Net Asset Value (NAV) of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets such as price and volume volatility in stock markets, interest rates, currency exchange rates, change in Government policies, taxation, political or economic developments, closure of stock exchanges, liquidity and settlement systems in equity and debt markets.
3. In the event that investible funds of more than 65% of the total proceeds in the scheme are not invested in equity shares of domestic companies, the proposed tax exemption on income distribution will not be available to such scheme..
4. Derivatives products carry the credit risk (risk of default by counterparty),market risk (due to market movements) and liquidity risk (due to lack of liquidity in derivatives). No principal amount is exchanged. A notional principal amount is agreed upon for interest calculation purposes. Only the difference between the two rates is exchanged at agreed intervals or payment dates. When fixed interest rate amount is higher, the fixed rate payer pays the difference amount i.e. fixed interest rate amount minus the floating interest rate amount or vice-versa.
Fund Manager:
Sanjeev Sharma (Equity)
Shamil Mehra (Equity)
Name of Trustee Company :
Escorts Investment Trust Ltd.
  Visit Us:

Premises No. 2/90, First Floor, Block - P, Connaught Circus, New Delhi - 110001.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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