NFO period: 22nd May ? 04th June, 2024
Highlights of the NFO:
- Scheme type ? An open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Index ? June 2027. A moderate 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 Gilt Index ? June 2027 before expenses, subject to tracking errors. The scheme does not guarantee/indicate any returns. There is 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. An open ended Target Maturity Index Fund that seeks to track CRISIL IBX Gilt Index ? June 2027.
- Minimum Application Amount ? First investment is Rs. 1,000/- and in multiples of Rs. 10/- thereafter
- Plan/ Options available ? Regular Plan and Direct Plan having Growth Option and Payout of Income Distribution cum capital withdrawal (?IDCW?) Option.
- Fund Manager ? Mr. Bhupesh Bameta and Mr. Sanjay Godambe
- Benchmark ? CRISIL IBX Gilt Index ? June 2027
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)