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, Rohan Maru & Rahul Goswami
BENCHMARK:

NIFTY Low Duration Debt Index A-I
MATURITY & YIELD

RESIDUAL MATURITY / AVERAGE MATURITY	1.46 Years
ANNUALISED PORTFOLIO YTM#	7.45%***
MODIFIED DURATION	0.90 Years
MACAULAY DURATION	0.98 Years

^#Yields of all securities are in annualised terms
***Yield to maturity (YTM) of the portfolio is calculated by recomputing yield from simple average of valuation prices provided by valuation agencies for G-sec FRB securities.
EXPENSE RATIO^#: 0.74%
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.

MINIMUM INVESTMENT FOR NEW /
EXISTING INVESTORS

Rs5000/1
MINIMUM INVESTMENT FOR SIP

Rs 500
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