NFO period: 30th June - 04th July, 2023
Highlights of the NFO:
- Scheme type - An open ended Liquid scheme with Relatively Low Interest Rate Risk and Moderate Credit Risk
- Investment objective - To provide a level of income consistent with the objectives of preservation of capital, lower risk and high liquidity through investments made primarily in money market and debt securities with maturity of up to 91 days only.
- Product suitability - The product is suitable for investors who are seeking regular income over short term by investing in money market and debt instruments, with maturity up to 91 days.
- Minimum Application Amount - First investment is Rs.1,000/- and in multiples of Rs.1/- thereafter
- Plan/ Options available - Regular Plan & Direct Plan having Growth option and Income Distribution cum Capital Withdrawal (IDCW) option with Payout of Income Distribution cum Capital Withdrawal sub-option, Reinvestment of Income Distribution cum Capital Withdrawal sub-option and Transfer of Income Distribution cum Capital Withdrawal sub-option.
- Fund Manager - Mr. Siddharth Chaudhary and Mr. Nimesh Chandan
- Benchmark - NIFTY Liquid Index B-I
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)