Scheme type – An open-ended Target Maturity Index Fund tracking the Nifty SDL Apr 2027 Index. 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 Nifty SDL Apr 2027 Index before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.
Product suitability – The product is suitable for investors who are seeking income over longer term open ended Target Maturity Index Fund that seeks to track Nifty SDL Apr 2027 Index.
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 Payout of Income Distribution cum capital withdrawal (“IDCW”) Option.
Fund Manager – Mr. Bhupesh Bameta and Mr. Harshil Survankar