Scheme type - An open ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 3-6 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 3-6 Months Debt Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved and the scheme does not assure or guarantee any returns.
Product suitability - This product is suitable for investors who are seeking income through exposure over the shorter-term maturity instruments Investment in an open ended Constant Maturity Index Fund that seeks to track CRISIL-IBX Financial Services 3-6 Months Debt Index.
Minimum Application Amount - Rs. 1,000 and in multiples of Rs. 1/- thereafter.
Plan/ Options available - The Scheme has two Plans - Regular Plan & Direct Plan. Both the Plans will have separate NAV and a common portfolio. Each of the Plans will offer Growth option.
Fund Managers - Mr Brijesh Shah and Mr. Harshal Joshi