This product is suitable for investors who are seeking* :
- Regular Income over Short to Medium Term.
- Investment in floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns, and fixed rate debt and money market instruments.
*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 |
| Plans/Options |
: |
Regular - Growth Option , Dividend Option, Daily Dividend Option, Weekly Dividend Option, Bonus Option
Premium Plan - Growth Option, Dividend Option , Daily Dividend Option, Weekly Dividend Option *
(Direct) Daily Dividend Option (Reinvestment Option), (Direct) Weekly Dividend Option (Reinvestment Option), (Direct) Dividend Option (Payout & Reinvestment Option), (Direct) Growth Option & (Direct) Bonus Option (Principal Units)
* As per SEBI Circular no. CIR/IMD/DF/21/2012 dated September 13, 2012, this plan has been suspended w.e.f. 01.10.2012 and all fresh subscriptions (including SIP)/switches in the aforementioned scheme will be accepted only in the Surviving Plan i.e. Regular Plan. The Suspended Plan will continue till the existing investors remain invested in the plan. |
| 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 Composite Bond Fund Index (CLFI) |
| Tax Benefits |
: |
Provisions applicable to debt schemes. For more information, click here |
| Plans / Options | Latest NAV (Rs.) |
| Premium Plan - Dividend Option | 0.0000 (17 Mar 2021) |
| Premium Plan - Growth Option | 0.0000 (15 Jan 2020) |
| Daily Dividend Option | 10.0453 (15 Apr 2021) |
| Weekly Dividend Option | 10.5107 (15 Apr 2021) |
| Premium Plan -Daily Dividend Option | 10.0470 (06 May 2020) |
| Premium Plan -Weekly Dividend Option | 10.5868 (30 Apr 2015) |
| (Direct) Daily Dividend Option | 10.0471 (15 Apr 2021) |
| (Direct) Weekly Dividend Option | 10.5406 (15 Apr 2021) |
| (Direct) Dividend Option | 34.0429 (15 Apr 2021) |
| (Direct) Growth Option | 33.8606 (15 Apr 2021) |
| Bonus Option - Principal Units | 32.3585 (15 Apr 2021) |
| (Direct) Bonus Option - Principal Units | 33.7277 (15 Apr 2021) |
| Dividend Option | 32.4470 (15 Apr 2021) |
| Growth Option | 32.3456 (15 Apr 2021) |
|
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
|
:
|
Vikas Agrawal
(Managing this funds since July, 2011 & has total 10 years of experience in fixed income market)
|
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Performance
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