An open-ended debt scheme predominantly investing in AA and below rated corporate bonds. A relatively high interest rate risk and relatively high credit risk.
To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.
Mr. Shriram Ramanathan (w.e.f Nov 24, 2012) & Mr. Jalpan Shah (w.e.f March 21, 2020)
NIFTY Credit Risk Bond Index
1.66% (As on 30th June 2022)
0.86% (As on 30th June 2022)
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.
If the units redeemed or switched-out are upto 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: NIL
If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 (% of Applicable NAV)
If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
Bonus units and units issued on reinvestment of dividends shall not be subject to Exit Load.
10,000 per application and in multiples of Re. 1 thereafter
1,000 per application and in multiples of Re. 1 thereafter
This product is suitable for investors who are seeking*
Generation of regular returns and capital appreciation over medium to long term
Investment in debt instruments(including securitized debt), government and money
*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)||C-III|