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Indiabulls Ultra Short Term Fund

Type of Scheme: An Open-ended Debt Scheme

This product is suitable for investors who are seeking*

• Liquidity with commensurate returns over short term.
• Through investment in money market and debt securities.
•  Low Risk (Blue)
 

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

Note: Risk is represented as:


 

(BLUE) investors understand that their principal will be at low risk.

 

(YELLOW) investors understand that their principal will be at medium risk

 

(BROWN) investors understand that their principal will be at high risk

Launch Date: January 05, 2012

Investment Objective: To provide liquidity with return commensurate with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be achieved.

Asset Allocation:

Instruments Indicative allocation (% of total assets) (Minimum - Maximum) Risk Profile (High/ Medium/ Low)
Money market and debt instruments with maturity not greater than 1 year (including floating rate debt instruments, securitized debt)* Minimum Maximum Low/ Med/High
65% 100% Low to Medium
Debt instruments with maturity greater than 1 year (including floating rate debt instruments, securitized debt)* 0% 35% Low to Medium

*securitized debt cumulative allocation not to exceed 25% of the net assets of the Scheme (No investment in foreign securitized debt).

Investment Strategy:
Objective of the scheme - to generate return commensurate with the low risk of the portfolio. This scheme is positioned to meet the need of those investors who want to deploy their funds for a short period of time with the low risk. The returns would match the levels of risk taken in the portfolio. The yield curve in the short end of the curve tends to remain flat with the least amount of volatility. In such a scenario, the fund managers predominantly would make attempts to invest the scheme proceeds uniformly across all the maturity buckets.The investment team would carry out rigorous in depth credit evaluation of the money market and debt instruments the scheme proposes to invest in. The credit evaluation will essentially be a bottom up approach and include a study of the operating environment of the issuer, the past track record as well as the future prospects of the issuer and the short term / long term financial health of the issuer.

Fund Manager:

KEY FEATURES


Nature of the Scheme An Open-ended Debt Scheme
Benchmark Index Crisil Liquid Fund Index
Load Structure Entry Load: Nil, Exit Load: Nil
Options Growth & Dividend
Sub Options Weekly Dividend (Reinvestment & Payout)
Fortnightly Dividend(Reinvestment & Payout)
Monthly Dividend (Reinvestment & Payout
Offer Price Rs.1000/- per unit
Minimum Application Amount Rs.5,000 and in multiples of Rs.1 thereafter
Minimum Additional Purchase Amount Rs1,000 and in multiples of Rs.1 thereafter
Minimum Redemption Amount 1 unit or Rs. 1,000 and in multiples of Rs.1 thereafter