SenSage i25

SenSage i25

• 25 liquid, investable, high quality growth stocks assigning almost equal weights to create a basket with an investment objective to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity related securities of large cap companies.
• Investment objective is to achieve long term capital appreciation by investing in a diversified portfolio.
• This smallcase meets the basic stipulations as commonly agreed and approved by contemporary Shariah scholars across the globe and is approved by ShariahCap Advisors LLP.
• All investments will be withdrawn from the smallcase, which was shariah-compliant at the time of making investments but subsequently became Shariah non-compliant whether on business or financial parameters or both. Such investments will be withdrawn within 60 days of the company being declared Shariah non-compliant. The change will be made at the time of re-balancing and reason for exit of the company will be indicated with reason (i) Shariah Reason (SR) or (ii) Other Reason (OR).
• There is no expense ratio, no exit charges and fee are charged based on the assets of the client.
• Comparable with conventional Large Cap mutual funds.
• For full compliance with shariah law investors are required to purge the pro-rata portion of interest income accrued on their holding of shares in a company.