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Debt Products
| Type of Scheme | An open-ended debt scheme | |||||||||
| Launch Date | August 23, 2005 | |||||||||
| Fund Objective | To generate stable returns with a low interest rate risk strategy by creating a portfolio that is predominantly invested in good quality floating rate debt instruments, money market instruments and in fixed rate debt instruments which can also be swapped for floating rate returns. There can be no assurance thatthe investment objective of the scheme will be achieved. | |||||||||
| Asset Allocation |
*Floating rate debt instruments include fixed rate instruments swapped for floating rate returns. |
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| Liquidity | Purchase & sale on all business days | |||||||||
| NAV Calculation | 365 days a year | |||||||||
| Options Available | Growth and Dividend* (Daily Dividend and Weekly) options * compulsory reinvestment if dividend amount < Rs 500 | |||||||||
| Load Structure | Entry Load :0.5% <= Rs. 5 lacs; Nil > Rs. 5 lacs. Exit Load : Nil |
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| Minimum Application Amount | Rs.10,000/- & in multiples of Re.1/- thereafter. |