An open-ended debt scheme predominantly investing in debt instruments of banks, PSUs, public financial institutions and municipal bonds
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India.
September 12, 2012
Mr. Jalpan Shah and Mr. Shriram Ramanathan
NIFTY Banking & PSU Debt Index
0.59% (As on 30th June 2020)
0.19% (As on 30th June 2020)
The above ratio includes 5 bps of additional expenses.
Apart from the above-mentioned expenses, additional expenses of up to 0.30% of daily net assets of the scheme, in compliance with the conditions prescribed and GST on investment management fees are also being charged.
Rs. 10,000 per application.
Rs. 1,000 per application.
Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.
|Indicative Allocation (% of net assets)||Risk Profile|
Debt* and money market instruments/securities issued
||Low to Medium
Debt* and money market instruments^/securities issued by other entities
|20%||0%||Low to Medium
This product is suitable for investors who are seeking*
Generation of reasonable returns and liquidity over short term
Investment primarily in securities issued by Banks, Public Sector Undertakings and Public Financial Institutions and municipal corporations in India
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.