Scheme: It is an open ended liquid scheme.
Objective: The primary investment objective of the scheme is to seek to generate reasonable returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. The scheme does not guarantee any returns.
Fund Opens: 27 February 2008
Fund Closes: 3 March 2008
Face Value: Rs 1000 per unit.
Investment Options: The scheme will have super institutional, institutional and regular plans. The scheme offers growth, bonus and dividend option under each plan.
Dividend frequency: The scheme offers dividend with facility of dividend reinvestment on daily, weekly and monthly dividend. It also offers dividend transfer and monthly dividend payout option.
Entry Load:The scheme will not charge any entry load and exit load during the initial offer.
Asset Allocation: The scheme invest 0-100% in money market instruments. It may have investment of 0-100% in debt instruments with residual maturity and re-pricing tenor not exceeding 1 year. The scheme may have exposure up to 50% of the net assets in securitised debt. Debt instruments include securitized debt up to 50% of net assets. The scheme may invest in derivatives up to 50% of the net assets of the scheme. In addition, the scheme may also invest in foreign securities up to 25% of net assets of the scheme.
Minimum Investment Amount: The minimum investment amount under regular plan is Rs 5000 and in multiple of Re 1 thereafter. Under institutional plan, the minimum investment amount is Rs 1 crore and in multiple of Re 1 thereafter. The minimum investment amount under super instituinal plan is Rs 10 crore and in multiple of Re 1 thereafter.
Benchmark Index: CRISIL Liquid Fund Index
Fund Manager: Mr. Murthy Nagarajan
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