TYPE OF SCHEME

An open ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years.
SCHEME CATEGORY

Long Duration Fund
SCHEME CHARACTERISTICS

Debt Securities (including central and state Government Securities) Upto 100%. Securitised Debt upto 30%.
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate returns by investing in debt and money market instruments such that the Macaulay duration of the scheme portfolio is greater than 7 years.
DATE OF ALLOTMENT:

December 13, 2024

FUND MANAGER(S):

Anuj Tagra & Chandni Gupta
BENCHMARK:

CRISIL Long Duration Debt A-III Index
MATURITY & YIELD

RESIDUAL MATURITY / AVERAGE MATURITY	17.42 Years
ANNUALISED PORTFOLIO YTM#	7.09%
MODIFIED DURATION	9.35 Years
MACAULAY DURATION	9.68 Years

^#Yields of all securities are in annualised terms
EXPENSE RATIO^#: 0.85%
EXPENSE RATIO^# (DIRECT) : 0.31%

# The above ratio includes the GST on Investment Management Fees. The rates specified are the actual expenses charged as at the end of the month. The above ratio also includes, proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets, wherever applicable.

MINIMUM INVESTMENT FOR NEW /
EXISTING INVESTORS

Rs5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500/1
ADDITIONAL INVESTMENT/MULTIPLES
FOR EXISTING INVESTORS

Rs1000/1
LOAD STRUCTURE:

Entry Load	:	Nil
Exit Load (for each purchase of Units)	:	Nil

Different plans have a different expense structure