Debt Products

Currently investment in securitised debt is not envisaged. The Scheme will have maximum derivative gross notional position of 50% of the net assets of the scheme. Investment in derivative instrument may be done for hedging and portfolio balancing.
For calculation of Gross Derivative Exposure, all types of derivative exposure i.e. long and short term will be aggregated. The aggregate exposure to Government securities, Gross Derivative Position and Money Market instruments (excluding CBLO, REPO and others cash equivalents instruments) will not exceed 100% of the net assets of scheme. Not more than 25% of the net assets of the scheme shall be deployed in securities lending. The Scheme would limit its exposure, with regards to securities lending, for a single intermediary, to the extent of 5% of the total net assets of the scheme at the time of lending.
The AMC may from time to time pending investment in government securities for a short term period on defensive consideration invest upto 100% of the funds available in overnight repos, the primary motive being to protect the Net Asset Value of the Scheme and protect unitholders interest so also to earn reasonable returns on liquid funds maintained for redemption/repurchase of units