TYPE OF SCHEME

An open ended Low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
SCHEME CATEGORY

Low Duration Fund
SCHEME CHARACTERISTICS

Investment in Portfolio of low duration debt & money market securities.
INVESTMENT OBJECTIVE

The objective of the scheme is to generate income by investing in debt and money market instruments, with Macaulay duration of the portfolio between 6 to 12 months.
DATE OF ALLOTMENT:

March 6, 2025

FUND MANAGER(S):

Chandni Gupta, Rahan Maru & Rahul Goswami
BENCHMARK:

NIFTY Low Duration Debt Index A-I
MATURITY & YIELD

RESIDUAL MATURITY / AVERAGE MATURITY	1.74 Years
ANNUALISED PORTFOLIO YTM#	7.37%***
MODIFIED DURATION	0.97 Years
MACAULAY DURATION	1.03 Years

^#Yields of all securities are in annualised terms
EXPENSE RATIO^#: 0.87%
EXPENSE RATIO^# (DIRECT) : 0.26%

# 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