Category: Debt: Low Duration |
Launch Date: 01-07-2007 |
Asset Class: Fixed Income |
Benchmark: CRISIL Low Duration Fund BI Index |
Expense Ratio: 0.96% As on (31-01-2023) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 7,717.27 Cr As on (28-02-2023) |
Turn over: - | Exit Load: Nil |
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
The scheme aims to generate regular income with high degree of liquidity by investing in a portfolio comprising of money market instruments and debt securities which should not be rated below investment grade by a credit rating agency.
Standard Deviation | 0.77 |
Sharpe Ratio | 0.92 |
Alpha | 2.21 |
Beta | 1.19 |
Yield to Maturity | 7.84 |
Average Maturity | 0.81 |
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
Others
100.0%
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund