Suitability

Suitability

An alternative to savings/ current bank accounts to park short-term surplus money.

Convenience

Convenience

Zero load, zero lock-in means redemptions are always possible at no additional cost.

Transparency

Transparency

Regular monthly factsheets highlight allocation of funds and performance^ of the scheme

^ subject to applicable regulatory requirements.

Investment Objective

The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instuments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Product Details

Plans Options Sub-Option/Facility Frequency
Regular Growth (D) - -
Direct Dividend
Reinvestment (D)
Payout
Daily (D), Weekly, Monthly
Monthly
D - Default
Minimum Application and Redemption Amount / Number of Units

Purchase

Rs. 1,000/- and in multiples of Re. 1/- thereafter

Additional Purchase

Rs. 1,000/- and in multiples of Re. 1/- thereafter

Redemption

Rs. 1,000/- or 1 unit or account balance, whichever is lower
Entry Load

Not applicable

Exit Load

NIL

Benchmark

CRISIL Low Duration Debt Index

Fund Manager

Mr. Rahul Pal

Riskometer

Investors understand that their principal will be at moderately low risk

This product is suitable for investors who are seeking*:

  • Regular income over short term
  • Investment in debt and money market instruments
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.