Scheme type – Close-ended debt scheme. A Relatively Low Interest Rate Risk and Moderate Credit Risk
Investment objective – The scheme seeks to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the series under the scheme. Disclaimer: There is no assurance or guarantee that the objectives of the scheme will be realized.
Product suitability – This product is suitable for investors who are seeking regular fixed income over short term by investing in debt/money market instruments.
Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available – Direct Plan and Regular Plan having Income Distribution cum capital withdrawal Option (IDCW) & Growth Option. IDCW Option under both the Plans offers Payout of IDCW.
Fund Managers – Mr. Harshal Joshi
Benchmark – Nifty Ultra Short Duration Debt Index A-I