Capitalmind Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Capitalmind Multi Asset Allocation Fund'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil. Exit load -If Units redeemed or switched out within 12 months from the date of allotment will be 1% of the applicable NAV; If redeemed/switched out after 12 months from the date of allotment exit load will be NIL. The Scheme offers growth option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.The performance will be benchmarked against 50% NIFTY 500 TRI+ 25% NIFTY Composite Debt Index + 25% MCX iCOMDEX Composite Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio. The scheme will be investing in equity and equity related instruments, debt and money market instruments, Commodities including Exchange Traded Commodity Derivatives.