This product is suitable for investors who are seeking* :
- Regular Income over Short to Medium Term.
- Investment in Debt and Money Market securities across maturities.
-
Benchmark Risckometer
Scheme Risckometer
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investment Objective
The investment objective will be to actively manage a portfolio of good quality debt as well as Money Market Instruments so as to
provide reasonable returns and liquidity to the Unit holders.
Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can
be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns
Scheme Features
| Inception Date |
: |
Regular Plan: 25th June, 2003
Premium Plan: 13th Oct, 2004 |
| Type of Scheme |
: |
An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and moderate
credit risk. |
| Plans/Options |
: |
Daily IDCW (Reinvestment of IDCW Option), Weekly IDCW (Reinvestment of IDCW Option), Monthly IDCW (Reinvestment of IDCW Option/Payout of IDCW Option), IDCW (Reinvestment of IDCW Option/Payout of IDCW Option) & Growth
(Direct) Daily IDCW (Reinvestment of IDCW Option), (Direct) Weekly IDCW (Reinvestment of IDCW Option), (Direct) Monthly IDCW (Reinvestment of IDCW Option/Payout of IDCW Option), (Direct) IDCW (Reinvestment of IDCW Option/Payout of IDCW Option) & (Direct) Growth
|
| Investment Strategy |
: |
The investment strategy of the Scheme would be to allocate fund corpus across debt and money market
instruments of various maturities on the basis of the expected interest rate scenario. Since the interest rates can
be volatile at times, the fund will always endeavor to invest in highly liquid debt and money market instruments.
The fund will follow an active duration management strategy as a result of which the portfolio turnover could
be high. |
| Minimum Application Amount/Number of Units |
: |
Purchase : Rs. 5,000/- and any amount thereafter.
Additional Purchase : Rs. 1,000/- and any amount thereafter
Repurchase : There is no minimum limit on the amount/units which can be redeemed/switched-out. The investor is free to redeem any or all units outstanding in his/her/their folio. |
| Entry Load |
: |
NIL |
| Exit Load |
: |
NIL |
| SIP / STP / SWP Option |
: |
Available.
|
| Benchmark Index |
: |
CRISIL Dynamic Bond Fund BIII Index |
| Tax Benefits |
: |
Provisions applicable to debt schemes. For more information, click here |
| Plans / Options | Latest NAV (Rs.) |
| (Regular)- Premium Plan IDCW (Reinvestment) | 0.0000 (17 Mar 2021) |
| Premium Plan - Growth Option | 0.0000 (15 Jan 2020) |
| (Regular) - Daily IDCW (Reinvestment) | 10.0431 (28 Jun 2022) |
| (Regular) - Weekly IDCW (Reinvestment) | 10.5475 (28 Jun 2022) |
| (Regular) - Premium Plan Daily IDCW (Reinvestment) | 10.0470 (06 May 2020) |
| (Regular) - Premium Plan Weekly IDCW (Payout) | 10.5868 (30 Apr 2015) |
| (Direct) - Daily IDCW (Reinvestment) | 10.0977 (28 Jun 2022) |
| (Direct) - Weekly IDCW (Reinvestment) | 10.5561 (28 Jun 2022) |
| (Direct) - IDCW (Payout) | 35.6108 (28 Jun 2022) |
| (Direct) Growth Option | 35.4203 (28 Jun 2022) |
| Bonus Option - Principal Units | 33.6063 (28 Jun 2022) |
| (Direct) Bonus Option - Principal Units | 35.2863 (28 Jun 2022) |
| (Regular) - IDCW (Payout) | 33.7009 (28 Jun 2022) |
| Growth Option | 33.5956 (28 Jun 2022) |
|
Liquidity
|
:
|
Purchase and redemption of Units at NAV based prices on all Business Days. It will be our endeavour to dispatch redemption proceeds at T+1 working days. However, as per regulations, the Fund is required to dispatch redemption proceeds within 10 Business days of receiving valid redemption request
|
|
Fund Manager
|
:
|
Primary Fund Manager - Mr. Prashant Pimple
(Managing this Scheme since December 01, 2021 & has around 20 years of experience in the field of investment and investment related work).
Secondary Fund Manager - Mr. Gurvinder Singh Wasan
(Managing this Scheme since April 5, 2022 & has around 18 years of experience in the field of fixed income markets).
|
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Performance
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