NFO period: 21^st MJune - 05^th July, 2021

Highlights of the NFO:

• Scheme type - An open-ended debt scheme investing predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)


• Investment objective - The objective of the scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn‘t assure or guarantee any returns.


• Product suitability - This product is suitable for investors who are seeking regular income by investing predominantly in a portfolio of floating rate instruments (including fixed rate instruments converted for floating rate exposures using swaps / derivatives).


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular Plan and Direct Plan. Both plans offer following Options.


• Growth Option


• Monthly Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Monthly Payout)


• Quarterly Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Quarterly Payout)


• Periodic Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Periodic Payout)


• Monthly Reinvestment of Income Distribution Cum Capital Withdrawal option (IDCW-Monthly Reinvestment)


• Quarterly Reinvestment of Income Distribution Cum Capital Withdrawal option (IDCW- Quarterly Reinvestment)


• Periodic Reinvestment of Income Distribution Cum Capital Withdrawal Option (IDCW-Periodic Reinvestment)


• Fund Manager - Mr. Akhil Mittal


• Benchmark - CRISIL Ultra Short Term Debt Index