NFO period: 04th February - 09th February, 2022
Highlights of the NFO:
- Scheme type - An open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Apr 2032 Top 12 Equal Weight Index. A relatively high interest rate risk and relatively low credit risk
- Investment objective - The investment objective of the scheme is to track the Nifty SDL Apr 2032 Top 12 Equal Weight Index by investing in SDLs, maturing on or before Apr 2032, subject to tracking errors. However, there is no assurance or guarantee 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. Target Maturity Index Fund tracking Nifty SDL Apr 2032 Top 12 Equal Weight Index.
- Minimum Application Amount - First investment Rs. 1,000/- and in multiple of Rs. 100/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth and Payout of Income Distribution cum capital withdrawal (IDCW)/Reinvestment of Income Distribution cum capital withdrawal (IDCW).
- Fund Managers - Mr. Abhishek Bisen
- Benchmark - Nifty SDL Apr 2032 Top 12 Equal Weight Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)