Scheme type - An open-ended scheme replicating / tracking 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 track the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved and the scheme does not assure or guarantee any returns.
Product suitability - This product is suitable for investors who are seeking to generate investment objective of the scheme is to track the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking errors.
Minimum Application Amount - Rs 5,000/- and in multiple 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. Dhawal Joshi & Mr. Amit Somani
Benchmark - CRISIL-IBX Financial Services 3-6 Months Debt Index (TRI)