The Fund aims to achieve returns through capital appreciation and/or income. The Fund will aim to achieve this investment objective by primarily investing in equities of companies (i) which have their registered office in India and are listed on Regulated Markets worldwide, (ii) that exercise a significant part of their economic activity in India and are listed on Regulated Markets worldwide and/or (iii) whose equity and equity related securities are listed, traded or dealt in on Indian stock exchanges. The Fund may also invest in equity related securities of such companies (such as warrants, rights, preference shares and convertible bonds) listed or traded on regulated markets worldwide. The Fund may invest in American Depositary Receipts ("ADRs"), Indian Depositary Receipts ("IDRs") and Global Depositary Receipts ("GDRs") of Indian companies which are listed on a regulated market.