Scheme: It is a close-ended income scheme with maturity period of 91 days from the date of allotment.
Objective: The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/ debt securities normally maturing in line with the time profile of the series with the objective of limiting interest rate volatility.
Asset Allocation: The scheme will invest 30%-100% in money market instruments. The scheme will invest 0%-70% in government securities issued by central and/or state government & other fixed income/ debt securities including but not limited to corporate bonds and securitised debt. Debt securities will also include securitised debt, which may go up to 70% of the portfolio. The total debt derivative exposure would be restricted to 50% of the net assets of the scheme. The fund shall not invest in equity derivatives.
Fund Opens: 19 February 2008
Fund Closes: 21 February 2008
Face Value: Rs 10 per unit.
Investment Options: The scheme will have retail and institutional plan and each plan will have a growth option and dividend payout option.
Entry Load: Being a close end scheme it will not charge any entry load during the initial offer.
Exit Load: The scheme charges an exit load of 0.30% if the investment is redeemed before maturity of the scheme.
Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs 1 crore and in multiple of Re 1 thereafter.
Benchmark Index: Crisil Liquid Fund Index
Fund Manager: Mr. Amit Tripathi
No comments:
Post a Comment