Scheme type – A close ended debt scheme. A relatively high interest rate risk and relatively low credit risk
Investment objective – To generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the scheme. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.
Product suitability – The product is suitable for investors who are seeking generate income over the tenure of the scheme generate income by investing in debt and money market instruments.
Minimum Application Amount – First investment is Rs. 1,000/- and in multiple of Rs. 10/- thereafter
Plan/ Options available – Regular Plan and Direct Plan. Each of the Plans under the scheme offers Growth Option and Payout of Income Distribution cum capital withdrawal (“IDCW”) Option.