The Primary objective of scheme is to generate regular returns through investment primarily in debt securities. The secondary objective is to generate long term capital appreciation by investing a portion of the scheme"s assets in equity securities.
Asset Allocation Pattern:
The scheme will invest between 65 to 100% in debt securities (including securities debt). It may also invest up to 25% and 15% in equity & equity related instruments and money market instruments.
The new exit load is 1% of the NAV if redeemed/ switch out of such investments with in one year (365 days) from the date of subscription applying first in first out basis, including investments through SIP/STP.
Minimum Application Amount:
The minimum application amount for purchase (non SIP) will be Rs. 5000/- and in multiples of Re 1 for purchases and in multiples of Rs 0.01 for switch-ins.