Vivriti Short Term Debt Fund

Fund is a Category III Open-ended AIF which aims to deliver predictable and stable risk adjusted real returns by investing only in debt instruments. Ideal for investors with an investment horizon of 1 year or above. Investors can subscribe to either a growth plan which offers redemptions on a quarterly basis, or an income plan which offers quarterly pay-outs and principal redemptions on request.

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Category

CATEGORY II

Type

Open Ended

Status

Live

Fund Tenor

Perpetual

Maturity

-

Principal Repayment

On redemption request

Income payout

Either on redemption request or quarterly, depending on class.

Class A

Senior Tranche (A)

92.5%

Face Value

Return Since Inception

AAA1
AA+2
AA3
AA-4
A+5
A6
A-7
BBB+8
BBB9
BBB-10
Non investment grade11

Riskometer

Moderate*

Class B

Subordinated Tranche (B)

5

Face Value

Return Since Inception

AAA1
AA+2
AA3
AA-4
A+5
A6
A-7
BBB+8
BBB9
BBB-10
Non investment grade11

Riskometer

High*

*The risk score is based on internal or an external Capital protection rating of each Class/tranche of the respective funds. Risk score is illustrative of risk-reward benchmarking across multiple product offerings of VAM. Investors are advised to do their independent diligence before making an investment decision and not merely rely on the risk scores indicated above

Fund Details

Classes available for Investment

Class A

Median portfolio rating

BBB-
test

Portfolio concentration

Maximum issuer concentration of 10%

Coupons

Primarily towards end of Fund life

Pay-outs made

-

Downgrades

-

Upgrades

-

Hurdle met

-

Fund Managers

Soumendra Ghosh

Chief Investment Officer

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Mohamed Irfan

Fund Manager

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Sustainable Development Goals (SDGs) Targeted

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End poverty in all it’s form everywhere.

Ensure healthy life and promote well being for all ages.

Ensure gender equality and and empower all women and girls.

Ensure availability and sustainable management of water and sanitation for all.

Ensure access to affordable, reliable, sustainable and modern energy.

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation.

Reduce inequality within and and among countries.

Ensure sustainable consumption and production patterns.

Taking urgent action to combat climate change and its impact.

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