Scheme: It is a close-ended income scheme with maturity period of 494 days from the date of allotment.

Scheme: It is a close-ended income scheme with maturity period of 494 days from the date of allotment.

Objective: The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/ debt securities normally maturing in line with the time profile of the series with the objective of limiting interest rate volatility

Asset Allocation: The scheme will invest 0%-70% in money market instruments. The scheme will invest 30%-100% in government securities issued by central &/or state government & other fixed income/ debt securities including but not limited to corporate bonds and securitised debt. Debt securities will also include securitised debt, which may go up to 100% of the portfolio.

Fund Opens: 26 December 2007

Fund Closes: 28 December 2007

Face Value: Rs 10 per unit.

Investment Options: Each series will have retail and institutional plan and investors may choose either the growth option or the dividend payout option under both the plans.

Entry Load: Being a close end scheme it will not charge any entry load during the initial offer.

Exit Load: The scheme charges an exit load of 2.00% if the investment is redeemed on or before completion of 6 months from the date of allotment. The exit load will come down to 1.00% if investment is redeemed from 6 months -1 day & on or before completion of 1 years from the date of allotment.

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

Benchmark Index: CRISIL Composite Bond Fund Index.

Fund Manager: Mr. Amit Tripathi

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