Scheme type – An open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Index– April 2029. A relatively high interest rate risk and relatively low credit risk
Investment objective – The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX Gilt Index – April 2029 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability – The product is suitable for investors who are seeking income over the target maturity period. An open ended Target Maturity Index Fund that seeks to track CRISIL IBX Gilt Index – April 2029.
Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (“IDCW”) Option (Payout of IDCW).
Fund Manager – Mr. Harshil Suvarnkar and Mr. Sanjay Godambe