The NFO opens on July 6, 2011 and closes on July 11, 2011. The duration of the scheme will be 252 days from the date of allotment of units.

The units of the scheme will be listed on the National Stock Exchange (NSE).

The minimum amount of investment is Rs 10,000 under Dividend option and Rs 5,000 under Growth option, after that additional investment can be made of Rs 10.

The investors will be provided with the two options: Growth and Dividend. Dividend option offers the facility of dividend payout. Growth option is a default option, if in case, no option has been indicated.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 1 crore under the scheme during the NFO period.

Investment objective and performance:
The objective of the scheme is to generate returns by investing in a portfolio of fixed income maturing on or before the maturity date of the scheme. However, there is no assurance that the funds objective will be achieved.

Asset Allocation:
The fund will invest up to 95% to 100% of assets in Debt including Securitized debt with low to medium risk exposure and rest 0% to 5% in Money Market instruments with low risk exposure.

Basic Details:

NFO Opens: July 6, 2011
NFO Closes: July 11, 2011
NFO Price: Rs.10 per unit
Listing: National Stock Exchange
Benchmark: CRISIL Liquid Fund Index, CRISIL Short Term Bond Fund Index and CRISIL Composite Bond Index
Options: Dividend and Growth
Minimum Application Amount: Rs.10,000/ – under Dividend Option and Rs.5,000/ – under Growth Option & in multiples of Rs.10/-
Exit Load: Nil

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