Scheme: Close end income scheme. The scheme has tenure of 3 months.

Objective: The primary investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the portfolio of each scheme will display a maturity profile that is generally in line with the term of the scheme. The Schemes may also use fixed income derivatives for hedging and portfolio balancing.

Asset Allocation: The fund will invest can invest up to 100% in debt instruments and up to 100% in money market. The scheme may invest up to a maximum of 100% of the schemes net assets in domestic securitised debt.

Fund Opens: 12 December 2007

Fund Closes: 17 December 2007

Face Value: Rs 10.

Investment Options: The scheme has two plans i.e. regular and institutional plan. Both plans will provide growth and dividend reinvest option.

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 0.50%, if the investment is redeemed before the maturity date.

Minimum Investment Amount: The minimum investment amount under regular plan will be Rs. 25,000 and in multiples of Re. 1 thereafter. The investment under institutional plan will be of Rs.1 crore and in multiples of Re. 1 thereafter.

Target Amount: Rs 10 crore

Benchmark: CRISIL Liquid Fund Index

Fund Manager: Mr. Dhawal Dalal

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