|
Objective : Grindlays Floating Rate Fund Short 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 : June 25, 2002
Plans and Options under the Plan :
Plan A (Regular Plan), Plan B (Institutional Plan), Plan C (Super Institutional Plan).
Face Value (Rs/Unit): Rs. 10
Minimum Investment :
GFRF Plan A: Rs 500; Plan B: Rs 1 crores; Plan C: Rs 10 crores.
Entry Load : Nil.
Exit Load : Nil.
|
