The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of debt / fixed income securities 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.
Allotment of investment
The scheme would allocate up to 100% of assets in debt and money market instruments with low to medium risk profile. Debt instruments may include exposure in derivatives, either exchange traded or OTC which can be upto 50% of net assets as permitted by SEBI regulations.
NFO Price: Rs 10 per unit
NFO Opens: April 30 2012
NFO Closes: May 2, 2012
Options: Growth and Dividend Payout
Benchmark: CRISIL Liquid Fund Index.
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Exit Load: NIL