DSP CRISIL IBX Financial Services 3 to 6 Months Debt Index Fund
by
NEWS TEAM | on Apr 30, 2025
NFO period: 30th April - 06th May, 2025
Highlights of the NFO:
Scheme type - An open ended constant maturity index fund tracking CRISIL-IBX Financial Services 3-6 Months Debt Index. A relatively low interest rate risk and relatively low credit risk.
Investment objective - The investment objective of the scheme is to track the CRISIL-IBX Financial Services 3-6 Months Debt Index by investing in Commercial Papers (CPs), Certificates of Deposit (CDs) and Corporate Bond Securities, maturing in 3-6 Months and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.
Product suitability - This product is suitable for investors who are seeking income over long term. An open ended constant maturity index fund that seeks to track the performance of CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking error..
Minimum Application Amount - Rs. 100/- and in multiples of Re. 1/- thereafter.
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option, Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Karan Mundhra & Ms. Shalini Vasanta
Benchmark - CRISIL-IBX Financial Services 3-6 Months Debt Index