Scheme type – An open ended Target Maturity Index Fund tracking the CRISIL IBX AAA Index – June 2023. A moderate 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 AAA Index – June 2023 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 the target maturity period. Open ended Target Maturity Index Fund that seeks to track CRISIL IBX AAA Index – June 2023.
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.