NFO period: 08^th July - 20^th July, 2020

Highlights of the NFO:

• Scheme type - An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds


• Investment objective - The investment objective of the scheme is to generate income / capital appreciation through predominantly investing in debt and money market instruments issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) and Municipal Bonds.


• Product suitability - This product is suitable for investors who are seeking income over short to medium term. To generate income / capital appreciation through predominantly investing in debt and money market instruments issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds.


• Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option (Payout & Reinvestment Facility).


• Fund Manager - Mr. Mahendra Kumar Jajoo


• Benchmark - NIFTY Banking and PSU Debt Index