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 seeks to collect a minimum subscription amount of Rs 20 crore under the scheme during the NFO period.
Allocation of Funds:
The scheme shall invest 70% to100% of assets in debt and money market instruments with low to medium risk profile. On the other side, the scheme shall invest upto 30% of assets in equity and equity related instruments with high risk profile.
Of the investments in debt instruments, 83% to 88% would be invested in non convertible debentures (NCDs) and certificate of deposits (CDs).
Growth and Dividend (Dividend Payout Facility) option will be offered under the scheme.
NFO Opens: October 15, 2012
NFO Closes: October 29, 2012
NFO: Rs 10 per unit
Minimum application: Rs. 5,000 and in multiples of Rs. 10 thereafter
Benchmark: Crisil MIP Blended Index.
Managers: R. Sivakumar and Sudhanshu Asthana