The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.
The fund seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
Allocation of funds:
The scheme will invest 60% to 100% of assets in debt securities, upto 20% of assets in money market securities and upto 20% of assets in government securities. Exposure to domestic securitized debt may be to the extent of 40% of the net assets.
NFO Opens: January 16, 2012
NFO Closes: January 18, 2012
NFO Price: Rs 10 per unit
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter
Exit Load: Nil
Benchmark: Crisil Short Term Bond Fund Index
Fund Manager: Rajeev Radhakrishnan.