Fund Features
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
Yes
0.61% (As on 31st March 2021)
0.21% (As on 31st March 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.
NIL
NIL
Rs. 10,000 per application.
Rs. 1,000 per application.
Rs.500/50 units.
Scheme Information Document, Key Information Memorandum and Application Forms / Transaction Slips available at the ISCs / distributors.
Asset Allocation
Instruments |
Indicative Allocation (% of net assets) | Risk Profile | |
|---|---|---|---|
| Maximum | Minimum | ||
Debt* and money market instruments/securities issued |
100% | 80% |
Low to Medium |
Debt* and money market instruments^/securities issued by other entities |
20% | 0% | Low to Medium |
*Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undertakings, municipal corporations, body corporates, warrants, equity linked debentures (with no equity component), compulsorily convertible debenture (with no equity linked returns), capital instruments including Basel III bonds, central government securities, state development loans and UDAY bonds, recapitalization bonds, municipal bonds and G-sec repos and any other instruments as permitted by regulators from time to time.
^Money market instruments would include certificate of deposits, commercial papers, T-bills, repo, reverse repos and CBLO, bill rediscounting, bills of exchange / promissory notes, standby letter of credit (SBLC) backed commercial papers and government securities having unexpired maturity of 1 year and such other instruments as eligible from time to time.
Risk Factor
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.
a.) For Investors
Toll-free number - 1800 4190 200/
1800 2000 400
Timing – 9AM to 6PM (Mon-Fri)
9AM to 1PM (Saturday)
Email id – investor.line@lntmf.co.in
b.) For Distributors
Phone number - 1800 4199 800/3030 9800
Timing – 9AM to 6PM (Mon-Fri)
9AM to 1PM (Saturday)
Email id – partner.line@lntmf.co.in