An open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is greater than 7 years. Relatively High interest rate risk and Relatively Low Credit Risk.

Investments in long term fixed income securities predominantly Government Securities at the current yields. Most of the securities are held till maturity. Rebalancing of the portfolio is done to ensure that similar securities mix is maintained.

July 06, 2018

Pranay Sinha

CRISIL Long Duration Fund AIII Index

Monthly Average :	₹ 2,664.09 Cr
Month End :	₹ 2,705.64 Cr

Growth Plan	₹ 14.5069
IDCW Plan	₹ 14.5061
Monthly IDCW Plan	₹ 11.6414
Quarterly IDCW Plan	₹ 11.2647
Half Yearly IDCW Plan	₹ 11.9906
Annual IDCW Plan	₹ 11.9745
Direct - Growth Plan	₹ 14.7222
Direct - IDCW Plan	₹ 14.7224
Direct - Monthly IDCW Plan	₹ 11.6531
Direct - Quarterly IDCW Plan	₹ 11.3105
Direct - Half Yearly IDCW Plan	₹ 12.0314
Direct - Annual IDCW Plan	₹ 12.0150

Entry Load:	Nil
Exit Load:	20% of the units allotted can be redeemed without any exit load, on or before completion of 36 months from the date of allotment of units. Any redemption in excess of such limit in the first 36 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO): • 1% if redeemed or switched out on or before completion of 36 months from the date of allotment of units. • Nil, if redeemed or switched out after completion of 36 months from the date of allotment of units.

Average Maturity

21.80 Years

Modified Duration

10.28 Years

Annualized portfolio YTM*

7.54%

*In case of semi annual YTM, it has been annualised

Macaulay Duration

10.66 Years

Regular/Other than Direct	0.51%
Direct	0.25%

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.