Scheme type – An open-ended target maturity index fund replicating / tracking the Nifty G-sec May 2029 Index. (A Relatively High Interest Rate Risk and Relatively Low Credit Risk)
Investment objective – The investment objective of the scheme is to seek returns corresponding to total returns of securities as represented by the Nifty G-sec May 2029 Index, subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Product suitability – This product is suitable for investors who are seeking income over the target maturity period. An open-ended target maturity index fund replicating / tracking the Nifty G-sec May 2029 Index, subject to tracking error.
Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option only.