FUND FEATURES

About the Fund: The Fund aims to invest in high quality debt and money market instruments and seeks to generate returns predominantly through accrual income.
Category: Low Duration
Monthly Avg AUM: ₹ 3,386.38 Crores
Monthly end AUM: ₹ 3,375.42 Crores
Inception Date: 17 January 2006
Fund Manager:
Mr. Anurag Mittal (w.e.f. 09th November 2015)
Other Parameter:

Standard Deviation (Annualized)	0.76%
Modified Duration	185 Days
Average Maturity	196 Days
Yield to Maturity	7.79%
Expense Ratio
Regular	0.45%
Direct	0.26%

Benchmark: CRISIL Liquid Fund Index
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, Quarterly & Periodic
Exit Load: Nil (Since 29th June 2012)
NAV (₹)

Plan	Option	Freq	NAV
Regular Plan	Growth	-	26.2363
Regular Plan	Dividend	Daily	10.0712
Regular Plan	Dividend	Periodic	14.1666
Regular Plan	Dividend	Weekly	10.1035
Regular Plan	Dividend	Monthly	10.1047
Regular Plan	Dividend	Quarterly	10.8525

PORTFOLIO

Name	Rating	% of NAV
Corporate Bond		41.66%
Power Finance Corporation	AAA	8.79%
NABARD	AAA	7.61%
Indiabulls Housing Finance	AAA	5.18%
HDFC	AAA	5.03%
Tata Housing Development Company	AA	3.06%
M&M Financial Services	AAA	2.67%
JM Financial Credit Solution	AA	1.90%
Reliance Industries	AAA	1.43%
Cholamandalam Invt and Fin Co	AA+	1.33%
NTPC	AAA	1.04%
LIC Housing Finance	AAA	0.74%
Indian Railway Finance Corporation	AAA	0.74%
Kotak Mahindra Prime	AAA	0.74%
REC	AAA	0.68%
Small Industries Dev Bank of India	AAA	0.57%
HDB Financial Services	AAA	0.15%
Certificate of Deposit		40.44%
Axis Bank	A1+	11.94%
ICICI Bank	A1+	9.24%

Name	Rating	% of NAV
Small Industries Dev Bank of India	A1+	7.98%
Kotak Mahindra Bank	A1+	6.87%
HDFC Bank	A1+	1.48%
Export Import Bank of India	A1+	1.48%
NABARD	A1+	1.45%
Commercial Paper		9.40%
REC	A1+	3.66%
Indiabulls Housing Finance	A1+	2.17%
Kotak Mahindra Prime	A1+	2.14%
Kotak Mahindra Investments	A1+	1.43%
Zero Coupon Bond		5.04%
LIC Housing Finance	AAA	2.72%
Kotak Mahindra Investments	AAA	1.36%
M&M Financial Services	AAA	0.77%
Bharti Telecom	AA+	0.19%
State Government Bond		0.04%
7.55% Maharastra SDL - 2021	SOV	0.04%
Net Cash and Cash Equivalent		3.42%
Grand Total		100.00%

PERFORMANCE TABLE

Performance based on NAV as on 28/02/2019. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
^#Benchmark Returns. ^##Alternate Benchmark Returns. Standard Deviation calculated on the basis of 1 year history of monthly data
*Inception Date of Regular Plan - Growth Jan 17, 2006.
^The fund has been repositioned from an ultra short term fund to a low duration fund w.e.f. may 28, 2018.

Asset Allocation

Asset Quality

RISKOMETER

To generate short term optimal returns with relative stability and high liquidity.
Investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months- 12 months.

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

Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.