NFO period: 27th July - 10th August, 2018
Highlights of the NFO:
- Scheme type - An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)
- Investment objective - The investment objective of the Scheme is to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
- Product suitability - This product is suitable for investors who are seeking to generate regular returns and capital appreciation over medium term by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments while maintaining the optimum balance of yield, safety and liquidity.
- Minimum Application Amount - First investment is Rs. 1,000/- and multiples of Rs. 1/- thereafter
- Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Dividend Option. Dividend Option will have Dividend Payout and Dividend Reinvestment facility.
- Fund Managers - Mr. Rahul Pal
- Benchmark - 75% CRISIL AA Short Term Bond Index & 25% CRISIL AAA Short Term Bond Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)