Investment Objective:

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.

The scheme shall offer two options i.e. dividend and growth option. Further, dividend option shall have only payout facility. Default option will be growth.

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 would allocate 70% to 100% of assets in debt securities with low to medium risk profile, upto 30% in money market instruments with low to medium risk profile and upto 30% of assets in Government Securities with low risk profile.

Upto 5% of assets would be invested in A1 rated certificate of deposits, upto 5% in A1 rated commercial papers, 70% to 75% in AAA rated non convertible debentures and 25% to 30% in AA rated non convertible debentures.

Basic Details:

NFO Opens: September 27, 2012
NFO Closes: October 3, 2012
NFO: Rs 10 per unit
Minimum application: Rs 5000 and in multiples of Rs 10 thereafter.
Benchmark: CRISIL Short Term Bond Fund Index.
Manager: Kaustubh Gupta.

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