Scheme type - An open ended Scheme tracking CRISIL–IBX Financial Services 3-6 Months Debt Index Fund. A Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
Investment objective - To generate returns that are commensurate (before fees and expenses) with the performance of the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking difference. There is no assurance that the investment objective of the Scheme will be achieved
Product suitability - This product is suitable for investors who are seeking income generated from exposure to shorter-term maturities on the yield curve. Returns that are commensurate (before fees and expenses) with the performance of the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking difference. Investment in debt securities replicating the Underlying Index.
Minimum Application Amount - Rs. 100/- and in multiples of Re. 1/- thereafter.
Plan/ Options available - Regular plan & Direct plan having Growth Option only.
Fund Managers - Mr. Anupam Joshi
Benchmark - CRISIL-IBX Financial Services 3-6 Months Debt Index. The benchmark is also referred to as "Underlying Index"