Scheme type – An open-ended Target Maturity Exchange Traded Bond Fund investing in constituents of Nifty BHARAT Bond Index - April 2033. A relatively high interest rate risk and relatively low credit risk
Investment objective – The investment objective of the scheme is to track the Nifty BHARAT Bond Index – April 2033 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.
Product suitability – The product is suitable for investors who are seeking income over the Target Maturity period. An open ended Target Maturity Exchange Traded Bond Fund that seeks to track the returns provided by Nifty BHARAT Bond Index - April 2033.
Minimum Application Amount – First investment is Rs. 1,001/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – The scheme does not offer any Plans/Options for investment.
Fund Managers – Mr. Dhawal Dalal and Mr. Rahul Dedhia