The investment objective of the scheme is to seek to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the scheme.
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 will allocate upto 10% of assets in central & state government securities with low to medium risk profile, 90% to 100% of assets in money market instruments, short term and medium term debt securities / debt instruments and securitized debt with low to medium risk profile. 95% to 100% of net assets would be invested in A1 rated certificate of deposits and upto 5% of net assets would be invested in AAA rated non convertible debentures.
NFO Opens: March 6, 2012
NFO Closes: March 12, 2012
NFO Price: Rs 10 per unit
Benchmark: Crisil Short Term Bond Fund Index.
Options: Cumulative and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Exit Load: Nil
Fund Manager:Mr. Chaitanya Pande.