Scheme type - An open ended Scheme tracking the CRISIL-IBX Financial Services 9-12 Months Debt Index. 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 9-12 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 to generate 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 9-12 Months Debt Index, subject to tracking difference. Investment in debt securities replicating the Underlying Index.
Minimum Application Amount - Rs.100/- and any amount thereafter
Plan/ Options available - Regular plan & Direct plan having only Growth Option.
Fund Managers - Mr. Anupam Joshi & Mr. Praveen Jain
Benchmark - CRISIL-IBX Financial Services 9-12 Months Debt Index