|
| Nature | An open-ended debt scheme predominantly investing in AA and below rated corporate bonds. |
| Investment Objective | The investment objective of the Scheme is to generate regular income and opportunities for capital appreciation by investing predominantly in AA and below rated corporate bonds across maturity spectrum. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
| Asset Allocation | The asset allocation pattern for the scheme is detailed in the table below:
| Instrument | Indicative allocation
(% of total Assets)
| Risk Profile |
| | Minimum | Maximum | |
| AA and below rated Corporate Bonds*$ |
65% |
100% |
Low to Medium |
| AA+ and above rated Corporate Bonds |
0% |
35% |
Medium |
| Money Market Instruments** |
0% |
35% |
Low |
| Units issued by Real Estate Investment Trusts (REITs) & Investment & Infrastructure Investment Trusts (InvITs) |
0% |
10% |
Medium to High |
$ excludes AA+ rated Corporate Bonds.
* Corporate Bonds means bonds which are issued by entities other than Central or State Government.
** Money Market Instruments including but not limited to CDs, CPs, T-Bills, CBLO, Repo/Reverse Repo (including repo in corporate bonds), Liquid schemes etc. |
| Fund Manager | Mr. Bhupesh Kalyani |
| Benchmark | NIFTY Credit Risk Bond Index |
| Face Value | Rs. 10/- per unit. |
| Entry Load | Not Applicable |
| Exit Load | 1% for exit (Redemption/Switch-out) on or before 12 months from the date of allotment. Nil after 12 months. |
| Taxation |
** For further details on taxation please refer to the Section on Taxation in the SAI and independently refer to your tax advisor |
| Plans & Options | The Scheme offers following plans for investment :- - Regular Plan
- Direct Plan
Within each Plan there are two Options: - Dividend Option
- Growth Option
The Dividend Option under both the Plans offers following modes of Dividend: - Dividend Payout
- Dividend Reinvestment and
- Dividend Sweep
|
| Minimum Investment | Rs. 5000 and in multiples of Re. 1 thereafter. |
| Additional Purchase | Rs.1000 and in multiples of Re. 1 thereafter. |
| Systematic Investment Plan (SIP) | Monthly option -
Rs. 500 and in multiples of Re. 1/- thereafter per month, for at least 12 months or
Rs. 1000 and in multiples of Re. 1/- thereafter per month, for a minimum period of 6 months. Quarterly option -
Rs. 1500 and in multiples of Re. 1/- per quarter thereafter for a minimum period of 4 quarters.
Investments above the minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP irrespective of frequency of SIP or the Option. |
| Systematic Transfer Plan (STP) |
Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment.
|
Sub-options for STP
|
Eligible dates for effect
|
Minimum amount per transfer*
|
Minimum term / duration applicable
|
|
Weekly
|
1st Business day of the week
|
Rs. 1,000/-
|
12 Installments
|
|
Monthly
|
1st, 5th, 10th, 15th, 20th and 25th of the month
|
Rs. 1,000/-
|
12 Installments
|
|
Quarterly
|
1st, 5th, 10th, 15th, 20th and 25th day of first month of the each quarter
|
Rs. 2,500/-
|
4 Installments
|
(*Multiples of Re.1/- thereafter except under IEAF where STP will be made at a minimum
of Rs.500/- and in multiples of Rs.500/- thereafter.) |
| Systematic Withdrawal Plan (SWP) | Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment.
Minimum amount for each withdrawal is Rs.1000/- and in multiples of Re.1/- thereafter for a minimum period of 6 months. Withdrawal on 25th of each month or, if 25th is a holiday, then the next effective business day. |
| Riskometer | This product is suitable for investors who are seeking*:
- Regular income & capital appreciation through active management for at least medium term horizon
- Investments predominantly in AA and below rated corporate bonds across maturity spectrum
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them. | |