Scheme type – A close ended debt scheme, a relatively low interest rate risk and moderate 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 investor who are seeking income over an investment horizon of 160 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 – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).
Fund Managers – Mr. Sandeep Yadav, Mr. Laukik Bagwe
Benchmark – CRISIL Ultra Short Duration Fund BI Index