NFO period: 06th March - 20th March, 2023
Highlights of the NFO:
- Scheme type - An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high interest rate risk and moderate credit risk
- Investment objective - To generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity. 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.
- Product suitability - The product is suitable for investors who are seeking income over Short to Medium Term. To generate income / capital appreciation through by investing predominantly in AA+ and above rated corporate bonds.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of any amount 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 option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Manager - Mr. Gurvinder Singh Wasan and Ms. Shalini Tibrewala
- Benchmark - CRISIL Corporate Bond Fund BIII Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)