loader2
NRI

Category

Debt

Scheme Type

OPEN

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

1,000.00

Open Date

Nov 21, 2024

Close Date

Dec 02, 2024

Nav Calculation

DAILY

Sub-category

Income Funds

Risk Level

Moderate

Fund Manager

Kruti Chheta

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Notes

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. The Scheme shall be constructed and actively managed according to the investment objective. The Scheme seeks to generate returns through investments in a range of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. The fund will be managed according to the investment objective, thereby seeking to generate reasonable returns commensurate with low risk. The Scheme may invest in securities issued by corporate (both private sector and public sectors) including banks and financial institutions and Money Market Instruments across maturities / yield curve and ratings. The fund may also invest in government securities across maturities / yield curve. The fund may also look for opportunities from credit spreads among the range of available debt & money market instruments. The investment strategy of this scheme aims to optimize risk adjusted returns. The scheme will seek to maintain an optimal balance of safety, liquidity and returns while maintaining a long duration profile. The interest rate view and the duration strategy will be guided by various factors affecting the domestic and global macro environment.