Scheme type – An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 to 3 years
Investment objective – The scheme will endeavour to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
Product suitability – The product is suitable for investors who are seeking income over short term by investing in debt & money market instruments with portfolio Macaulay Duration between 1 - 3 years.
Minimum Application Amount – First investment is Rs. 1,000/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – Regular Plan & Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW).