Scheme type - A Close ended debt scheme. Relatively Low interest rate risk and Moderate Credit Risk
Investment objective - The Plan(s) under the Scheme will endeavor to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity date of the respective plan(s). There is no assurance that the investment objective of the Plan(s) will be achieved.
Product suitability - This product is suitable for investors who are seeking to generate optimal returns over 108 Days Investment in debt & money market instruments maturing on or before the maturity of the respective Plan.
Minimum Application Amount - Rs. 5,000/- and in multiples of Rs. 1/- thereafter.
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Sachin Jain
Benchmark - CRISIL Ultra Short-Term Duration Debt A-I Index