An open-ended debt scheme primarily investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds. A relatively high interest rate risk and relatively low credit risk;
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 (w.e.f. May 30, 2016) & Mr. Shriram Ramanathan (w.e.f. March 29, 2017)
NIFTY Banking & PSU Debt Index
0.61% (As on 31st December 2021)
0.23% (As on 31st December 2021)
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.
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.
|Potential Risk Class|
|Credit Risk→||Relatively Low (Class A)||Moderate (Class B)||Relatively High (Class C)|
|Interest Rate Risk↓|
|Relatively Low (Class I)|
|Moderate (Class II)|
|Relatively High (Class III)||A-III|