Scheme: It is a close-ended income scheme, which will be for fixed term of 3 months from the date of allotment.

Investment Objective: The investment objective of the scheme is to seek generation of returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the plan.

Asset allocation: The scheme may invest up to 100% in money market instruments including CBLO and reverse repo. It may invest up to 100% in short term and medium term debt instruments and securitised debt. The investment in securitised debt will not exceed 50% of the net asset of the scheme. The net notional exposure to derivatives shall not be more than 50% of the net assets. Under normal circumstances, the scheme shall not have an exposure of more than 50% of its net assets in foreign securities.

Fund Opens: 25 March 2008

Fund Closes: 25 March 2008

Face Value: Rs 10

Investment Options: The scheme offers two plans i.e. regular and institutional plan. The scheme will have both growth and dividend option. Dividend reinvestment facility is available under dividend option.

Load structure: The scheme may not levy entry load as it is of close-ended nature. The scheme charges an exit load of 0.5% if the investment is redeemed before the maturity date. Whereas there will not be any exit load charged on the redemption made on maturity date.

Minimum Investment Amount: The minimum investment under regular plan is Rs 10,000 and in multiple of Re 1 thereafter. For institutional plan, the minimum investment amount is Rs 1 crore and in multiple of Re 1 thereafter.

Minimum subscription amount: Rs 5 crore

Benchmark Index: CRISIL Liquid Fund Index

Fund Manager: Mr Alok Sahoo and Mr Suyash Choudhary

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