The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme.
The scheme offers a choice of two options, growth option and dividend payout option.
Allocation of funds:
The scheme would allocate upto 100% of assets in debt securities and money market securities with low to medium risk profile. 95% to 100% of assets would be invested in A1+ rated certificate of deposits.
Entry and exit load charge will be nil for the scheme. Units of the scheme are proposed to be listed on Bombay Stock Exchange.
NFO Opens: September 21, 2012
NFO Closes: September 24, 2012
NFO: Rs 10 per unit
Minimum application: Rs 5000 and in multiples of Rs 1 thereafter.
Benchmark: Crisil Short Term Bond Fund Index.
Managers: Dhawal Dalal.