The scheme will endeavor to protect the capital by investing in a portfolio of debt & money market instruments that are maturing on or before the maturity of the scheme. The scheme also aims to provide capital appreciation through exposure in equity & equity related instruments.
The fund targets to raise a minimum subscription of Rs 1 crore under the scheme during the NFO period.
Allocation of funds:
The scheme shall invest 80-100% in debt and money market instruments including derivative instrument up to 75% of the net assets of the scheme. The scheme shall also invest upto 20% in equity and equity related instruments.
NFO Opens: December 9, 2011
NFO Closes: December 23, 2011
NFO Price: Rs 10 per unit
Options: Cumulative and Dividend Payout
Minimum Application Amount: Rs 5,000 per application and additional Rs. 10, thereafter
Exit Load: Nil
Benchmark: Crisil MIP Blended Index
Fund Manager: Mr. R. Sivakumar and Mr. Sudhanshu Asthana