Partner With Us NRI



Scheme Type


Exit Load (%)

Min Inv


Incremental Inv


Open Date

Oct 11, 2021

Close Date

Oct 13, 2021

Nav Calculation



Exchange Traded Funds (ETFs) - Debt

Risk Level


Fund Manager

Abhishek Bisen


Fund Objective

The investment objective of the scheme is to replicate Nifty AAA Bond Plus SDL Apr 2031 70:30 Index by investing in bonds of issuers rated AAA and state development loans (SDL), subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


The Scheme seeks to track investment results of Nifty AAA Bond Plus SDL Apr 2031 70:30 Index subject to tracking errors  The Scheme will follow Buy and Hold investment strategy in which debt instruments by AAA rated corporate borrowers & state development loans will be held till maturity unless sold for meeting redemptions/rebalancing.  The Scheme shall replicate the index completely. In case the Scheme is not able to replicate the index the Fund Manager may invest in other issuances within the limits specified and subject to conditions laid down by SEBI circular dated November 29, 2019 as amended from time to time.  The Scheme may also participate in new issuances by the eligible issuers which are currently not part of the index, but will eventually get included in the index during the next rebalancing period in line with SEBI circular no. SEBI/HO/IMD/ DF3/CIR/P/2019/147 dated November 29, 2019. The Scheme may participate in such issuances only if they meet all eligibility criteria as defined by the index and suitable from asset allocation perspective and other parameters of the scheme. The scheme may also invest a portion of its portfolio in Debt & Money Market Securities maturing on or before the maturity date of the Scheme, Repo in government securities and TREPS to manage liquidity requirement.