The fund's investment philosophy is centered on delivering efficient short-term fixed income exposure through a transparent, rule-based passive strategy. Key pillars include:

• High-Quality Credit Exposure: Invest exclusively in AAA-rated issuers from the financial services sector that meet predefined liquidity criteria. 
• Accrual Plus Roll-Down Strategy: Capture attractive yields available in the 3-6 month segment while benefiting from potential roll-down gains as securities move down the maturity curve. 
• Low Risk Framework: Maintain relatively low duration risk through short maturity exposure and avoid discretionary credit calls through passive index replication.

 Cost Efficient and Transparent: Follow a published index methodology, resulting in portfolio transparency and potentially lower costs compared to actively managed debt strategies.

The fund is positioned as a short-duration cash management and treasury allocation solution for investors seeking: 

• Better accrual potential than overnight or liquid fund-type alternatives. 
• Exposure to the fundamentally strong financial services sector. 
• High liquidity and high credit quality short duration debt instruments are considered while constructing the index. 
• Limited interest rate sensitivity due to the 3-6 month maturity profile.

1. On or before 30 days from the date of allotment: 0.25%
2. After 30 days from the date of allotment: NIL