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NRI

Category

Debt

Scheme Type

CLOSE

Exit Load (%)

Min Inv

5,000.00

Incremental Inv

0.00

Open Date

Mar 21, 2023

Close Date

Mar 28, 2023

Nav Calculation

DAILY

Sub-category

Fixed Maturity Plans

Risk Level

High

Fund Manager

Neeraj Jain

Repurchase/Redemption

Fund Objective

The scheme endeavours to provide regular income and capital growth to the investors through investments in a portfolio comprising of debt and Money Market Instruments maturing on or before the maturity of the scheme. However, there can be no assurance that the investment objective of the scheme will be realized.

Notes

The fund management team will endeavour to maintain consistent performance in the scheme by maintaining a balance between safety, liquidity and profitability aspects of various investments. The fund manager will try to achieve an optimal risk-return balance for management of the fixed income portfolios The investments in debt instruments carry various risks like interest rate risk, liquidity risk, default risk, purchasing power risk etc. While they cannot be done away with, they can be minimized by diversification and effective use of hedging techniques. The fund management team will take an active view of the interest rate movement by keeping a close watch on various parameters of the Indianeconomy, as well as developments in global markets.