The Fund seeks to generate long term capital appreciation by investing in units/shares of overseas Index Funds (/s) / Exchange Traded Fund (/s) investing in US treasury securities in the 3-7 year maturity range. However, there can be no assurance that the investment objective of the Scheme will be realized.
The scheme is a fund of funds and would look at actively investing in passive funds (index or ETFs) in its portfolio. The Scheme seeks to generate long term capital appreciation by investing in such units / shares of overseas Index Funds and / or / Exchange Traded Funds which track an index with US treasury securities in the 3-7 year maturity range as its constituents (subject to tracking error), except to meet its liquidity requirements for which the scheme would also invest in units of Liquid/ debt schemes, debt and money market instruments.