NFO period: 06th March - 15th March, 2023
Highlights of the NFO:
- Scheme type - An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years. Relatively High Interest rate risk and Relatively Low Credit Risk
- Investment objective - The scheme aims to generate optimal returns with adequate liquidity by investing in a portfolio of debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
- Product suitability - The product is suitable for investors who are seeking long term wealth creation. A debt scheme that invests in debt and money market instruments with an aim to maximise income while maintaining an optimum balance of yield, safety and liquidity.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility) Option.
- Fund Manager - Mr. Sunil Patil
- Benchmark - CRISIL Long Duration Fund AIII Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)