FUND FEATURES

About the Fund: The Fund aims to invest in high quality debt and money market instruments with average maturity of 3 to 6 months and seeks to generate stable returns with a low risk strategy.
Category: Ultra Short Duration
Monthly Avg AUM: ₹ 1,551.84 Crores
Monthly end AUM: ₹ 1,647.59 Crores
Inception Date: 18th July 2018
Fund Manager:
Mr. Harshal Joshi (w.e.f. 18th July 2018)
Other Parameter:

Modified Duration	157 Days
Average Maturity	163 Days
Yield to Maturity	7.43%
Expense Ratio
Regular	0.31%
Direct	0.15%

Benchmark: NIFTY Ultra Short Duration Debt Index (w.e.f 01 February 2019)
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 100/- and any amount thereafter
Option Available: Growth, Dividend - Daily, Weekly, Monthly & Periodic
Exit Load: Nil
NAV (₹)

Plan	Option	Freq	NAV
Regular Plan	Growth	-	10.5870
Regular Plan	Dividend	Daily	10.0264
Regular Plan	Dividend	Weekly	10.0528
Regular Plan	Dividend	Periodic	10.5924
Regular Plan	Dividend	Monthly	10.0406
Regular Plan	Dividend	Quarterly	10.0693

PORTFOLIO

Name	Rating	% of NAV
Corporate Bond		44.55%
Small Industries Dev Bank of India	AAA	9.11%
Indian Railway Finance Corporation	AAA	8.51%
HDB Financial Services	AAA	3.93%
NABARD	AAA	3.35%
Power Finance Corporation	AAA	3.34%
HDFC	AAA	3.32%
Kotak Mahindra Investments	AAA	3.02%
Power Grid Corporation of India	AAA	2.74%
Sundaram Finance	AAA	2.73%
LIC Housing Finance	AAA	2.67%
Kotak Mahindra Prime	AAA	0.91%
REC	AAA	0.61%
Reliance Industries	AAA	0.30%
Certificate of Deposit		28.92%
Axis Bank	A1+	10.13%
NABARD	A1+	8.90%
Kotak Mahindra Bank	A1+	8.87%
ICICI Bank	A1+	1.01%
Commercial Paper		14.23%
Kotak Mahindra Investments	A1+	8.31%
HDB Financial Services	A1+	2.99%
HDFC	A1+	2.93%
Zero Coupon Bond		9.20%
LIC Housing Finance	AAA	9.20%
Net Cash and Cash Equivalent		3.11%
Grand Total		100.00%

Asset Allocation

Asset Quality

RISKOMETER

To generate returns over short-term investment horizon with a low risk strategy
To invest in debt and money market instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The scheme has been in existence for less than 1 year, hence performance has not been disclosed.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
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