Scheme type – A close-ended debt scheme with scheme tenure of 1574 days. Relatively high interest rate risk and relatively low credit risk
Investment objective – The scheme aims to generate returns by investing in a portfolio of fixed income securities maturing on or before the date of maturity of the scheme. However, the scheme does not guarantee / indicate any return. There is no assurance that the scheme’s objective will be achieved.
Product suitability – The product is suitable for investors who are seeking income with capital growth over the tenor of the scheme by investing in debt & money market instruments.
Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter
Plan/ Options available – Regular plan & Direct plan having Growth Option and Payout of Income Distribution cum capital withdrawal option (Payout of IDCW option).