NFO period: 10th August - 22nd August, 2022
Highlights of the NFO:
- Scheme type - An open-ended short duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years. A moderate interest rate risk and moderate credit risk
- Investment objective - The scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.
- Product suitability - The product is suitable for investors who are seeking regular Income over Short to Medium Term by investing in Debt and Money Market securities such that the Macaulay duration of the portfolio is between 1 year - 3 years.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of any amount thereafter
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Manager - Mr. Gurvinder Singh Wasan & Ms. Shalini Tibrewala
- Benchmark - CRISIL Short Duration Fund BII Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)