Scheme type – An open ended Target Maturity Index Fund tracking the CRISIL-IBX AAA Financial Services Index – Sep 2027. A relatively 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 Financial Services Index – Sep 2027 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Product suitability – This 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 AAA Financial Services Index – Sep 2027.
Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 100/- thereafter during the New Fund Offer period
Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with IDCW Payout).
Fund Manager – Mr. Harshil Survankar and Mr. Vighnesh Gupta
Benchmark – CRISIL-IBX AAA Financial Services Index – Sep 2027