NFO period: 14th February - 21st February, 2022
Highlights of the NFO:
- Scheme type - An open ended Target Maturity Index Fund tracking the CRISIL IBX AAA Index - June 2023. A moderate interest rate risk and relatively low credit risk
- Investment objective - The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX AAA Index - June 2023 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.
- Product suitability - The product is suitable for investors who are seeking income over the target maturity period. Open ended Target Maturity Index Fund that seeks to track CRISIL IBX AAA Index - June 2023.
- Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (?IDCW?) Option.
- Fund Manager - Mr. Harshil Suvarnkar
- Benchmark - CRISIL IBX AAA Index - June 2023
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)