Scheme: It is a close - ended income fund with 367 days maturity.

Objective: The investment objective of the scheme would be to generate returns and reduce interest rate volatility, through a portfolio of fixed income securities with a maturity profile generally in line with the fund's duration.

Fund Opens: 1 July 2008

Fund Closes: 3 July 2008

Face Value: Rs 10 per unit.

Investment Options: The scheme offers growth and dividend option. The dividend option further provides dividend payout facility.

Entry Load: The scheme will not charge any entry load.

Exit load: The scheme will charge an entry load of 2.5% for the redemption done up to 6 months from the date of allotment. It comes down to 2.0%, if redemption of investment is made after 6 months but before 9 months. If redemption of units is made after 9 months but before before maturity, the scheme may ask 1.5% an exit load. No exit load will be charged for the switch out/ redemption on maturity.

Minimum Investment Amount: The minimum investment amount is Rs 5000 and in multiples of Re 1 thereafter.

Minimum Subscription amount: The scheme seeks to collect Rs.1 crore.

Asset allocation: The scheme may invest up to 100% in debt securities and money market instrument .The exposure in securitised debts shall be up to 100%. The scheme makes exposure in derivatives up to a maximum of 50%.

Benchmark Index: Crisil Short Term Bond Fund Index

Fund Manager: Mr Pallab Roy and Mr. Vivek Ahuja

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