Overnight Fund:

An Open debt scheme investing in overnight securities. The investment is in overnight securities having maturity of 1 day.

 

Liquid Fund:

An open-ended liquid scheme whose investment is into debt and money market securities with maturity of up to 91 days only

 

Ultra-Short Duration Fund: 

An open ended ultra-short-term debt scheme investing in debt and money market instruments with Macaulay duration between 3 months and 6 months.

 

 Low Duration Fund:

An open-ended low duration debt scheme investing in debt and money market instruments with Macaulay duration between 6 months and 12 months.

 

Money Market Fund:

An open-ended debt scheme investing in money market instruments having maturity up to 1 year.

 

Short Duration Fund:

An open-ended short-term debt scheme investing in debt and money market instruments with Macaulay duration between 1 year and 3 year.

 

Medium Duration Fund:

An open-ended medium-term debt scheme investing in debt and money market instruments with Macaulay duration of the portfolio being between 3 years and 4 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 4 years.

 

Medium to Long Duration Fund:

An open-ended medium-term debt scheme investing in debt and money market instruments with Macaulay duration between 4 years and 7 years. Portfolio Macaulay duration under anticipated adverse situation is 1 year to 7 year.

 

Long Duration Fund:

An open-ended debt scheme investing on debt and money market instruments with Macaulay Duration greater than 7 years,

 

Dynamic Bond:

An open-ended dynamic debt scheme investing across duration.

 

Corporate Bond Fund:

An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds. The minimum investment in corporate bonds shall be 80% of total assets (Only in AA+ and above rated corporate bonds)

 

Credit Risk Fund:

An open-ended debt scheme investing in below highest rated corporate bonds. The minimum investment in corporate bonds shall be 65% of total assets (Only in AA (excludes AA+ rated corporate bonds) and below rated corporate bonds).

 

Banking & PSU Fund:

An open-ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. The minimum investment in such instruments should be 80% of total assets.

 

Gilt Fund:

An open-ended debt scheme investing in government securities across maturity. The minimum investment in G-secs is defined to be 80% of total assets (across maturity)

 

Floater Fund:

An open-ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/derivatives). Minimum investment in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/derivatives shall be 65% of total assets.