|Category:||Debt: Ultra Short Term|
|Net Assets:||R 367 crore (As on Sep 30, 2013)|
|Expense:||0.58% (As on Sep 30, 2012)|
The scheme aims to provide income consistent with the prudent risk from a portfolio comprising of floating rate debt instruments, fixed rate debt instruments, money market instruments and derivatives.
Puneet Pal since Feb 2012
This fund provides consistent income with prudent risk from a portfolio comprising floating-rate debt, fixed-rate debt, money market instruments, and derivatives. Further, the fund manager restricts investments to debt instruments of investment grade in an attempt to minimise credit risk. A consistently outperforming fund compared to the benchmark and category average, this scheme is suitable for risk-averse investors with a medium-term investment horizon seeking market returns in times of interest rate volatility.