The investment objective of the scheme is to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities. The Scheme will invest only in such securities which mature on or before the date of maturity of the Scheme.
The scheme offers following two plans for investment into the scheme: regular plan and direct plan, options: growth option and dividend option, the dividend option has the following facilities: quarterly and annual dividend transfer & payout facility.
The scheme would allocate 70% - 100% of assets in debt securities and invest upto 30% of asset in money market securities/instruments with low to medium risk profile.
The minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
Entry load and exit load charge are not applicable for the scheme.
Benchmark Index for the scheme is CRISIL AAA Long Term Bond Index.
The fund managers of the scheme are Malay Shah & Vikrant Mehta.
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