An Open ended ultra short debt scheme investing instruments such that Macaulay duration of the portfolio is between 3 months to 6 months
To generate reasonable and stable income and provide liquidity to the unit holder. To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equities or equity related instruments.
November 27, 1997
Mr. Jalpan Shah and Mr. Vikas Garg
CRISIL Liquid Fund Index
Yes. (For more information on SIP, please refer to the section on "Facilities Offered to Investors under the Scheme" in the SID)
0.50% (As on 30th June 2019)
0.20% (As on 30th June 2019)
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.
Growth/Weekly Dividend/Monthly Dividend/Semi-annual Dividend: Rs. 10,000 per application and in multiples of Re. 1 thereafter;
Rs. 1,000 per application and in multiples of Re. 1 thereafter
Growth/Weekly Dividend/Monthly Dividend/Semi-annual Dividend and Daily Dividend Reinvestment Plan: Rs. 500 or 50 units.
|Indicative Allocation (% of net assets)||Risk Profile|
||Low to Medium|
Money Market Instruments (including cash/call money)
|100%||0%||Low to Medium|
This product is suitable for investors who are seeking*
Generation of reasonable and stable income and liquidity over short term
Investments predominantly in highly liquid money market instruments, government securities and corporate debt
*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.