Scheme type - An open ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 9-12 Months Debt Index. A relatively low 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 Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors.
Product suitability - This product is suitable for investors who are seeking income through exposure over the shorter term maturity on the yield curve. Investment in an open ended Constant Maturity Index Fund that seeks to track CRISIL-IBX Financial Services 9-12 Months Debt Index
Minimum Application Amount - Rs. 1000 and in multiples of Rs. 1/- thereafter.
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal Plan - Payout Option and Reinvestment Option.
Fund Managers - Mr. Sanjay Pawar and Mr. Mohit Sharma