Scheme type - An open-ended Target Duration Index Fund investing in constituents of CRISIL-IBX Financial Services 3-6 Months Debt Index. A Relatively Low Interest rate risk and Relatively Low Credit Risk.
Investment objective - The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors. 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 through exposure over shorter term maturity instruments. An open-ended Target Duration Index Fund tracking CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking errors
Minimum Application Amount - Minimum amount of Rs.1,000 and in multiples of Re.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. Vikash Agarwal
Benchmark - CRISIL-IBX Financial Services 3-6 Months Debt Index