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Debt Products
| Type of Scheme | An open ended high liquidity income scheme | ||||||||||||||||||||||||||||
| Launch Date | August 24, 1998 | ||||||||||||||||||||||||||||
| Fund Objective | The investment objective is to create a highly liquid portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and high liquidity to the unitholders. | ||||||||||||||||||||||||||||
| Fund Investment Strategy | The scheme will invest 100% of the funds available in high yield debentures/ bonds and money market instruments. | ||||||||||||||||||||||||||||
| Asset Allocation |
** At the time of investment |
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| Liquidity | Purchase & sale on all business days | ||||||||||||||||||||||||||||
| NAV Calculation | 365 days a year | ||||||||||||||||||||||||||||
| NAV Applicable |
i. Purchase including Switch-ins or Sweep: a. Where the valid application is received upto 12.00 noon on a day at the Official Point of Acceptance and funds are available for utilization on the same day, the closing NAV of the day immediately preceding the day of receipt of application shall be applicable.b. Where the valid application is received after 12.00 noon on a day at the Official Point of Acceptance and funds are available for utilization on the same day - the closing NAV of the day immediately preceding the next business day shall be applicable; and c. Irrespective of the time of receipt of valid application at the Official Point of Acceptance, where the funds are not available for utilization on the day of the application, the closing NAV of the day immediately preceding the day on which the funds are available for utilization shall be applicable. ii. Repurchase/Redemption including Switch-outs or Reverse Sweep: a. Where the valid application is received upto 3.00 pm at the Official Point of Acceptance, the closing NAV of the day immediately preceding the next business day shall be applicable; andb. Where the valid application is received after 3.00 pm at the Official Point of Acceptance, the closing NAV of the next business day shall be applicable. For liquid schemes/plans Mutual Fund shall calculate NAVs for every calendar day. Further, the day(s)on which the money markets are closed/ not accessible, shall not be treated as business day(s). No outstation cheques will be accepted. As per the existing procedure, the applications will be time stamped in accordance with the SEBI Guidelines. The Trustee/AMC may alter the limits & other conditions in line with the regulations. |
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| Options Available | Regular Investment Plan(RIP) : Offers Daily / Fortnightly Dividends and Growth Option. High Investment Plan (HIP): Offers Daily / Weekly / Monthly Dividends and Growth Option. Super High Investment Plan (SHIP): Offers Daily / Weekly / Monthly Dividends and Growth Option. Super High Institutional Plus Plan (SHIP PLUS): Offers Daily / Weekly / Monthly Dividends and Growth Option. |
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| Minimum Application Amount | Regular Investment Plan (RIP): Rs.10,000/- and in multiples of Re.1/- thereafter. High Investment Plan (HIP): Rs.10 lakhs and in multiples of Re.1/- thereafter. Super High Investment Plan (SHIP): Rs.1 crore and in multiples of Re. 1/- thereafter. Super High Institutional Plus Plan (SHIP PLUS): For investors who at any time in past had an outstanding investment of Rs.20 Crores or more in Tata Liquid Fund:Rs.10 lakhs,Rs.10 crores and in multiples of Re.1 For other investors Re.20 crores & in multiples of Re.1 |
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| Liquid Fund Purchases are subject to utilization of the purchase cheque as on that day | |||||||||||||||||||||||||||||
Kindly refer to the latest Statement of Additional Information (SAI) / Scheme Information Document (SID) along with respective Addendums pertaining to the scheme before investing.