NFO period: 15^th March – 26^th March, 2024

Highlights of the NFO:

• Scheme type – An open-ended Target Maturity Index Fund investing in constituents of Nifty AAA Bond Jun 2025 HTM index subject to tracking errors. A moderate interest rate risk and relatively low credit risk


• Investment objective – The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of Nifty AAA Bond Jun 2025 HTM Index, which seeks to track the performance of AAA rated bond issued by Public Sector Undertakings (PSUs), Housing Finance Companies (HFCs), Non-Banking Financial Companies (NBFCs) and Banks maturing near target date of the index, subject to tracking errors. However, there can be no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking income over Target Maturity Period. An open-ended Target Maturity Index Fund tracking Nifty AAA Bond Jun 2025 HTM Index subject to tracking errors.


• Minimum Application Amount – First investment Rs. 100/- and any amount thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Payout of Income Distribution cum capital withdrawal (IDCW) Option / facility and Reinvestment of Income Distribution cum capital withdrawal (IDCW) Option / facility.


• Fund Managers – Mr. Abhishek Bisen


• Benchmark – Nifty AAA Bond Jun 2025 HTM Index