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 scheme offers two options viz. growth and dividend option.
Allocation of Funds:
The scheme will invest upto 100% of assets in debt & money market securities with low to medium risk profile. Exposure to domestic securitized debt may be to the extent of 40% of the net assets. The scheme shall not invest in foreign securitized debt.
45% to 50% of assets would be invested in certificate of deposits and 50% to 55% of assets in commercial papers.
NFO Opens: October 22, 2012
NFO Closes: October 25, 2012
NFO: Rs 10 per unit
Minimum application: Rs 5000 and in multiples of Rs 1 thereafter.
Benchmark: CRISIL Short Term Bond Fund Index.
Manager: Rajeev Radhakrishnan.