Scheme: It is a close-ended income scheme with plan tenure of 12-24 months.

Objective: The objective of the scheme is to generate regular returns by investing in a portfolio of fixed income securities normally maturing in line with the maturity period of the plan.

Fund Opens: 1 July 2008

Fund Closes: 10 July 2008

Face Value: Rs 10

Investment Options: The scheme offers two options i.e. growth and dividend.

Asset allocation: The scheme will have investment up to 0-95% in money market instruments. It will invest 5-100% in debt including securitised debt. The plan may invest up to 100% of its debt portfolio in securitised debt.

Entry load: The fund will not ask for an entry load.

Exit load: The scheme may charge 3% as an exit load for the redemptions before maturity.

Fund manager: Mr. Amandeep Chopra

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