Peerless MF launches Peerless Equity Fund

Mr. Akshay Gupta, Managing Director and CEO said, “Indian equity markets have corrected significantly. Since the peak of Jan 2008, the market has corrected more than 20%. The Sensex P/E for FY 2012 on forward basis is estimated close to 14, which is way below its peak of around 25. We believe in terms of risk-reward ratio, reward is more favourable on a longer term basis. We expect the global and domestic situation to stabilize over next 2-3 months. Therefore, retail investors should take opportunity of market correction and enter the equity assets class for long term out performance.” Investment Objective: To generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of equity & equity related securities diversified over various sectors. Investment Strategy: The portfolio will have an optimal blend of large, mid and small cap stocks based on prevailing macro-economic & socio-political environment, both domestically and globally. The fund aims to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of equity & equity related securities diversified over various sectors. The scheme will allocate its 80% to 100% in equity and related instruments and 0% to 20% in debt. NFO Date: 07 September, 2011- 21 September, 2011 Distribution Strategy: The fund house will promote the fund through outdoor advertisements. It will be sold through a mix of channels like IFAs, NDs and banks. Active IFAs: 500 Minimum application: Rs. 1,000 Target: 50,000 applications Benchmark: S&P CNX Nifty Target Investors: The fund is targeted towards retail investors. Fund Manager: Kaushik Dani Entry load: Nil Exit Load: 1 % if redeemed before one year. R&T: Karvy

Peerless Mutual Fund | Peerless Equity Fund