Fund Features
An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds
To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.
Mr. Shriram Ramanathan (since June 30, 2014) and Mr. Jalpan Shah
CRISIL Corporate Bond Composite Index
Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)
0.58% (As on 31st May 2020)
0.26% (As on 31st May 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 amount sought to be redeemed or switched out is invested for a period of up to 3 months from the date of allotment. : 0.5% of applicable NAV
If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment. : NIL
Rs 10,000 per application and in multiples of Re. 1/- thereafter
Rs. 1,000/- per application and in multiples of Re. 1/- thereafter
Rs. 500 or 50 units
Asset Allocation
Instruments |
Indicative Allocation (% of net assets) | Risk Profile | |
|---|---|---|---|
| Maximum | Minimum | ||
AA+ and above rated corporate debt instruments includingCBLO* |
100% | 80% |
Low to Medium |
Money market instruments (including cash/ call money)Other debt** and Money Market Instruments^ |
20% | 0% | Low to Medium |
*Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undertakings, municipal corporations, bodycorporates, warrants, equity linked debentures (with no equity component), compulsorily convertible debenture (with no equity linked returns), capital instrumentsincluding Basel III bonds, UDAY bonds, recapitalization bonds, municipal bonds and any other instruments as permitted by regulators from time to time.
**Debt instruments would include all debt securities issued by entities such as banks, companies, public sector undertakings, municipal corporations, bodycorporates, warrants, equity linked debentures (with no equity component), compulsorily convertible debenture (with no equity linked returns), capital instrumentsincluding Basel III bonds, central government securities, state development loans and UDAY bonds, recapitalization bonds, municipal bonds and G-Sec reposand any other instruments as permitted by regulators from time to time.
Risk Factor
This product is suitable for investors who are seeking*
Generation of regular and stable income over medium to long term
Investments predominantly in AA+ and above rated corporate bonds 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.