NFO period: 25th March ? 05th April, 2023
Highlights of the NFO:
- Scheme type ? An open ended Target Maturity Index Fund tracking the CRISIL IBX SDL Index - September 2028. A relatively high interest rate risk and relatively low credit risk
- Investment objective ? The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX SDL Index - September 2028 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability ? The product is suitable for investors who are seeking income over the target maturity period. Open ended Target Maturity Index Fund that seeks to track CRISIL IBX SDL Index - September 2028.
- Minimum Application Amount ? First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (?IDCW?) Option (Payout of IDCW).
- Fund Manager ? Mr. Harshil Survankar and Mr. Sanjay Godambe
- Benchmark ? CRISIL IBX SDL Index - September 2028
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)