HOMEType of Scheme: Medium Duration Fund- An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years
Investors understand that their principal will be at moderate risk
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Launch Date: 12 February, 2013
Asset Allocation
| Instruments | Normal Allocation (% of Net Assets) | Risk Profile | |
| Minimum | Maximum | Low/ Med/High | |
| Debt instruments and securitized debt* including Repos in Corporate Debt Securities | 65% | 100% | Low to Medium |
| Money Market Instruments | 0% | 35% | Low to Medium |
*securitized debt cumulative allocation not to exceed 50% of the net assets of the Scheme (No investment in foreign securitized debt). Investment in Securitized Debt will be only in investment grade papers.
Benchmark Index: CRISIL Composite Bond Fund Index
• The Fund shall be managed according to the Investment Objective - To generate a steady stream of income and or medium to long term capital appreciation/gain through investment in fixed income securities.
• The Scheme proposes to invest only in a diversified set of fixed income securities and money market instruments with the aim of generating steady returns with a low-risk strategy.
• The Fund Manager will endeavor to maintain 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 actual percentage of investment in various fixed income securities will be decided after considering the prevailing political conditions, the economic environment (including interest rates and inflation), the performance of the corporate sector and general liquidity as well as other considerations in the economy and markets.
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Type of Scheme :Medium Duration Fund- An open ended medium term
debt scheme investing in instruments such
that the Macaulay duration of the
portfolio is between 3 years and 4 years -
Load Structure :Entry Load: Not Applicable
Exit Load: Nil -
Minimum Application :Purchase Rs. 500 and in multiple
of Re.1 /- thereafter -
Minimum Additional Purchase Amount :Rs. 500 and in multiples of Re. 1 /- thereafter
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Benchmark Index :CRISIL Composite Bond Fund Index
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SIP/STP/SWP :Systematic Investment Plan (SIP)/
Systematic Transfer Plan (STP)/
Systematic Withdrawal Plan (SWP)
facilities are available
