The investment objective of the scheme endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective.
The scheme offers regular and direct plan. Both the plans will have growth option only.
The scheme will invest 80%-100% of assets in debt instruments (including debt derivatives) and money market instruments (including Triparty Repo, Reverse repo) with low to medium risk profile and invest upto 20% of assets in equity and equity related instruments (including derivatives and ETFs) with high risk profile.
The minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme.
Entry and exit load charge will be nil for the scheme.
Benchmark Index for the scheme is CRISIL Hybrid 85+15- Conservative Index.
The fund managers of the scheme are Rajeev Radhakrishnan (debt portion) and Ruchit Mehta (equity portion).
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