Scheme: It is a close end debt scheme.

Objective: The scheme seeks to generate current income by investing in a portfolio of fixed income securities maturing normally in line with the duration of the scheme.

Fund Opens: 15 March 2008

Fund Closes: 25 March 2008

Face Value: Rs 10.

Investment Options: The scheme will have retail plan and institutional plan with a common portfolio. Each plan under the scheme will have dividend and growth option. The dividend option shall have payout and reinvestment facility.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: The scheme charges an exit load of 2.00%, if the investment is redeemed within 180 days from date of investment. There will an exit load of 1.00% if the investment redeemed after 180 days from the date of investment but before maturity of the plan. Whereas there will not be any exit load charged on the investment redeemed on maturity date.

Minimum Investment Amount: The minimum investment amount under retail plan is Rs 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs 1 lakh and in multiple of Re 1 thereafter.

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