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Introduction
NITL, in its efforts to provide a wide range of services to cater the needs of different classes of investors, has launched NIT Government Bond Fund. It is an open end Income Fund investing primarily in the short term as well as long term Government Securities with maximum weighted average time to maturity not exceeding 7.5 years.
NIT GBF is a low risk income fund with major investment (70% or above) in Government Securities while remaining (30% or below) in schedule banks having investment grade.
See Offering Document Objective
The primary objective of NIT - GBF is to generate best possible return with minimum risk, for its Unit Holders, by investing primarily in the government securities.
Performance
Performance Reports will be provided on periodic basis (as applicable) in following areas:
Risk disclosure
All investments in mutual funds are subject to market risks. The NAV of units may go up or down based on the market conditions. The investors are advised in their own interest to read the contents of the offering document in particular the investment policy, risk disclosure, disclaimers and warnings mentioned in clauses 2.2, 2.7, 2.9, 9.3 and 11 respectively, before making any investment decision. |