Scheme type - An open-ended low duration debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months. A relatively high interest rate risk and moderate credit risk
Investment objective - The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities. 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 short term. Investment in debt and money market instruments such that Macaulay duration of the portfolio is between 6 - 12 months.
Minimum Application Amount - Rs. 100 and in multiples of Rs. 1/- thereafter.
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal Plan - Payout Option and Reinvestment Option.
Fund Managers - Ms. Pranavi Kulkarni and Mr. Rahul Dedhia