Scheme type – A close-ended debt scheme with scheme tenure of 1260 days. A Moderate Interest Rate Risk and Relatively High 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 funds objective will be achieved.
Product suitability – The product is suitable for investors who are seeking regular income for fixed term by investing in Debt/Money Market Instrument/Govt. Securities.
Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter
Plan/ Options available – Regular Plan and Direct Plan. Both Plans offer the following Options.
Growth Option
Quarterly Payout of Income Distribution cum capital withdrawal option (Quarterly Payout of IDCW option)
Flexi Payout of Income Distribution cum capital withdrawal option (Flexi Payout of IDCW option)
Annual Payout of Income Distribution cum capital withdrawal option (Annual Payout of IDCW option)
Maturity Payout of Income Distribution cum capital withdrawal option (Maturity Payout of IDCW option)