This is our medium risk fund. It invests in a diversified portfolio of Government securities, deposits & Corporate debt of banks, finance companies & corporates. It is not independently rated, but the weighted average of the underlying investments falls between BBB+ and A-. The primary objective of this fund is to offer attractive returns to its investors. Therein we deploy funds across medium to longer duration positions. Given the aforementioned investment strategy, overnight liquidity could be limited. However, we require only a minimum commitment of a period of 1 month. Post the duration funds can be withdrawn without any penalties.
.%* 30 Days Annualized Yield as at ()
Past performance is not an indication of future performance. Investors are advised to read and understand the contents of the explanatory memorandum before investing. The annualized return is variable and subject to change. The fund is licensed by the Securities Exchange Commission (SEC).
If you invested Rs 1,000,000 in (30 days ago) you would have earned Rs
|Fees charged to the Fund
||0.50% of the NAV
||Rs. 20,000/- per month plus the applicable Government tax
||0.13% per annum of the NAV plus the applicable Government tax
||There is no exit end fee applicable to this FUND