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Category

Others

Scheme Type

OPEN

Exit Load (%)

0.15

Min Inv

1,000.00

Incremental Inv

500.00

Open Date

Sep 16, 2021

Close Date

Sep 27, 2021

Nav Calculation

DAILY

Sub-category

Income Funds

Risk Level

Moderate

Fund Manager

Chandni Gupta

Repurchase/Redemption

Fund Objective

The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved and the scheme does not assure or guarantee any returns.

Notes

The Scheme is Target Maturity Date Index Fund. The Scheme is passively managed which will employ an investment approach designed to track the performance of Nifty PSU Bond Plus SDL Sep 2027 40:60 Index subject to tracking errors. Accordingly, the scheme will invest in AAA rated PSU bonds and SDLs. The Scheme is a Target Maturity Date Index Fund. Generally, the Scheme will follow Buy and Hold investment strategy in which existing SDLs will be held till maturity unless sold for meeting redemptions requirement and payment of dividend.

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