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 fund seeks to collect a minimum subscription (minimum target) amount of Rs 1 crore under the scheme during the NFO period.
The scheme will invest up to 100% of assets in Government of India dated Securities and Treasury Bills, PSU & Corporate Bonds or Debt Instruments, Money Market instruments. Exposure to securitized debt may be to the extent of 40% of the net assets.
NFO Opens: September 16, 2011
NFO Closes: September 19, 2011
NFO Price: Rs.10 per unit
Listing: Bombay Stock Exchange
Options: Dividend Payout and Growth option
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Exit Load: Nil
Benchmark: CRISIL Short Term Bond Fund Index