Type of Scheme |
An Open Ended Income Scheme
|
Investment Objective |
To generate current income by investing
predominantly in a well diversified portfolio of Fixed
Income securities with moderate risk levels. This
income may be complemented by possible Capital
Appreciation.
|
Asset Allocation |
Money Market Instruments: 10 – 20; Fixed Income
Securities: 80 - 90 (max 100); Equity and Equity Linked
Instrument: 0 - 10 (max 20); Units of other Mutual
Funds: 0 - 5 (max 5); |
Minimum Application Amount |
Purchase: Rs. 1000/- and Multiples of Re. 1/-,
Additional Purchase : Rs. 1000 and Multiples of Re.1/-,
Repurchase: Minimum of Rs. 1000/- |
Load Structure |
Entry Load – Nil,
Exit Load – 0.5% if exit <= 6 months
|
Option Available Daily NAV publication |
NAV will be declared on business days. |
|
Dividend Paid |
126 Dividends Since May 1998 |
