NFO period: 29th June - 13th July, 2021
Highlights of the NFO:
- Scheme type - An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years
- Investment objective - To generate income by investing in a portfolio of Debt and Money Market Instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years. 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 income over medium term by investing predominantly in debt and money market instruments with portfolio Macaulay Duration of 3 - 4 years.
- Minimum Application Amount - First investment is Rs. 1,000/- and in multiple of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum Capital Withdrawal (?IDCW?).
- Fund Managers - Mr. Vikas Garg and Mr. Krishna Cheemalapati
- Benchmark - CRISIL Medium Term Debt Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)