Scheme type - An open-ended Target Maturity Index Fund predominantly investing in constituents of CRISIL IBX 10:90 Gilt + SDL Index - Dec 2029. A relatively high-interest rate risk and relatively low credit risk.
Investment objective - The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.
Product suitability - This product is suitable for investors who are seeking to generate income over the target maturity period. An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 10:90 Gilt + SDL Index - Dec 2029.
Minimum Application Amount - Rs. 5000 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. Rajeev Radhakrishnan
Benchmark - CRISIL IBX 10:90 Gilt + SDL Index – Dec 2029 Index