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

Yes

0.61% (As on 31st August 2022)

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0.23% (As on 31st August 2022)

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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.