Upcoming NFO: Capitalmind Mutual Fund Filed Draft for Multi Asset Allocation Fund

Capitalmind Asset Management has filed a draft Scheme Information Document with the Securities and Exchange Board of India (SEBI) for the Capitalmind Multi Asset Allocation Fund. The proposed scheme is an open-ended multi-asset fund and will be launched through a new fund offer at ₹10 per unit.  

After the New Fund Offer (NFO), the scheme is expected to reopen for regular subscriptions and redemptions in line with regulatory timelines. 

Investment Objective 

As per the draft document, the fund’s stated objective is to generate long-term capital appreciation through a diversified portfolio.  

The scheme plans to invest across equity and equity-related instruments, debt and money market securities, and commodities. The document notes that there is no guarantee that the stated objective will be met under all market conditions. 

Asset Allocation Details 

The proposed asset allocation allows equity and equity-related instruments to form between 35% and 80% of total assets.  

Debt and money market instruments may account for 10% to 55% of the portfolio. Exposure to commodities, including gold and silver through exchange-traded funds and derivatives, is also permitted within a 10% to 55% range.  

Investments in infrastructure investment trusts (InvITs) are capped at 10% of net assets. The scheme may invest up to 25% in overseas securities, subject to limits set by Indian regulators. 

Risk Classification and Benchmark 

The scheme has been placed in the “very high risk” category under SEBI’s risk-o-meter framework.  

Performance will be measured against a composite benchmark comprising 50% NIFTY 500 Total Return Index, 25% NIFTY Composite Debt Index and 25% MCX iCOMDEX Composite Index. The benchmark mix is intended to show the fund’s exposure across equity, debt and commodities. 

Plans, Loads and Investment Limits 

The fund will be available under direct and regular plans, with growth and income distribution-cum-capital withdrawal options.  

No entry load will be charged. An exit load of 1% will apply if units are redeemed within 12 months of allotment, while redemptions after that period will not attract any exit load.  

The minimum lump sum investment is ₹5,000, and systematic investment plans will be available starting at ₹1,000 per instalment. 

Read More: Capitalmind Arbitrage Fund Draft Filed With SEBI! 

Conclusion 

The draft filing outlines a multi-asset fund structure with predefined allocation limits across equities, debt and commodities. Final details, including NFO dates, will depend on SEBI’s review and approval of the proposal. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.