Fund Features
An Open Ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
To generate reasonable returns primarily through investments in fixed income securities and money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
December 4, 2010
Mr. Shriram Ramanathan and Mr. Jalpan Shah
NIFTY Low Duration Debt Index
Yes
Rs. 10,000 and in multiples of Rs.1 thereafter
Minimum Additional Investment: Rs. 1,000 and thereafter in multiples of Rs. 1
0.90% (As on 30th June 2020)
0.40% (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.
NIL
If the units redeemed or switched out are upto 10% of the units purchased or switched in ("the limit") within 3 months from the date of allotment: NIL
If the units redeemed or switched out are over and above the limit within 3 months from the date of allotment: 1% of Applicable NAV
If the units redeemed or switched out on or after 3 months from the date of allotment: NIL
Rs. 10,000 per application.
Rs. 1,000 and thereafter in multiples of Rs. 1.
Rs. 500 or 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 Instruments* |
100% | 0% |
Low to Medium |
| Money Market Instruments^ | 100% | 0% | Low to Medium |
| Unit issued by REITs and InvITs | 10% | 0% | Medium to High |
*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 over short to medium term
Investment in fixed income securities and money market instruments
*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.