Lotus Halal Equity Exchange Traded Fund
What is the Lotus Halal Equity Exchange Traded Fund?
The Lotus Halal Equity Exchange Traded Fund “LHE ETF” is an open-ended fund that tracks the performance of the NSE-Lotus Islamic Index (NSELII). It is designed to enable investors obtain market exposure to the securities of the constituent companies of the NSE-Lotus Islamic Index and to replicate the price and yield performance of the index
- Potential for capital appreciation
- Periodic dividend income
- Lower expense compared to typical mutual funds
- Easy access to a basket of securities
- High risk due to equities
- Long term horizon