Scheme type – A close ended debt scheme with tenure of 1246 Days, a Relatively High Interest Rate Risk and Relatively Low Credit Risk
Investment objective – The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme. There is no assurance that the investment objective of the scheme will be realized.
Product suitability – The product is suitable for investors who are seeking income over an investment horizon of 1246 days by investing in money market and debt securities with maturities on or before the maturity of the scheme.
Minimum Application Amount – First investment is Rs. 5,000/- and any amount thereafter
Plan/ Options available – Direct Plan and Regular Plan having Growth and Income Distribution cum capital withdrawal (IDCW) option with Payout of IDCW and Reinvestment of IDCW.
Fund Managers – Mr. Sandeep Yadav and Mr. Laukik Bagwe
Benchmark – CRISIL Medium Duration Fund AIII Index