Objective : To generate income consistent with the prudent risk from a portfolio comprising substantially of floating rate debt instruments, fixed rate debt instruments swapped for floating rate return and also fixed rate instruments and money market instruments.
Structure : Open-ended Income Fund
Plans and Options under the Plan : Cumulative and Dividend Reinvestment (Fortnightly & Daily frequencies).Face Value (Rs/Unit): Rs. 10
Minimum Investment : Option A: Rs 10000/- (plus in multiples of Re 1).
Option B: Rs 10 lacs (plus in multiples of Re 1)
Option C: Rs 3 crores (plus in multiples of Re 1)
Option D: Rs 5 crores (plus in multiples of Re 1).
Entry Load : Nil.
Exit Load : Option A: For Investment of Less than Rs.10 Lakhs @0.50% of applicable NAV in case of the amount sought to be redeemed under the option for a minimum period of 7 days. Option B: Nil, Option C: Nil, Option D: Nil.
