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NRI

Category

Debt

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

1,000.00

Open Date

Sep 03, 2024

Close Date

Sep 17, 2024

Nav Calculation

DAILY

Sub-category

Income Funds

Risk Level

Moderate

Fund Manager

Chandni Gupta

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is between 4 to 7 years. However, there can be no assurance that the investment objective of the Scheme would be achieved.

Notes

To achieve its investment objective of generating medium to long term capital appreciation with income by investing in debt and money market instruments such that Portfolio Macaulay duration is between 4 to 7 years. The portfolio will be actively managed to generate income while aiming to achieve an optimal balance between yield, safety and liquidity. Derivative products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to the investor. Execution of such strategies depends upon the ability of the fund manager to identify such opportunities. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager may not always be profitable. No assurance can be given that the fund manager will be able to identify or execute such strategies. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other traditional investments.