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Objective : Grindlays Floating Rate Fund Long Term Plan seeks to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in good quality floating rate debt or money market instruments, fixed rate debt or money market instruments swapped for floating rate returns and fixed rate debt and money instruments.
Structure : Open-ended Debt Fund
Inception Date : April 03, 2007
Plans and Options under the Plan : Plan A (Regular Plan), Plan B (Institutional Plan).
Face Value (Rs/Unit): Rs. 10
Minimum Investment : Rs 1 crores
Entry Load : Nil.
Exit Load : Nil.
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