AIG Short Term Fund is an open-ended income scheme that seeks to generate income from a portfolio constituted of short to medium term debt and money market securities.

This scheme is meant for investors looking for an actively managed aggressive portfolio with a relatively higher Mark to Market component (as compared to AIG India Liquid Fund and AIG India Treasury Fund).

Under normal market conditions, the average maturity will remain below 2.5 years.

Scheme Features

Structure	An Open Ended Income Scheme with two plans: Retail Plan Institutional Plan All the above plans will have a common portfolio. However, the returns under each Plan are expected to vary having regard to the specified expense ratio under the relevant Plan.
Investment Objective	The primary investment objective of the Scheme is to seek to generate income from a portfolio constituted of short to medium term debt and money market securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
Asset Allocation	Under normal circumstances, it is anticipated that the asset allocation shall be as follows: Instrument Range of Allocation (% of net assets) Risk Profile Debt* and money market securities with average maturity less than equal to 370 days or have put options within a period not exceeding 370 days 40% to 100% Low Debt* Instruments including Government Securities, Corporate Debt and other debt Instruments with Medium average maturity greater than 370 days 0% to 60% Low to Medium *Debt securities may include securitized debts upto 75% of the net assets
Benchmark for performance comparison	CRISIL Short Term Bond Fund Index.
Options available under each Plan	The Scheme offers Growth option, Bonus Option and Dividend option. The Dividend option offers: Dividend Payout Option Monthly - 25th of every month Dividend Reinvestment Option Weekly - Every Monday Monthly - 25th of every month In case of Weekly and Monthly dividend options, if any of the day(s) mentioned is a non Business Day, the dividend will be declared on the next Business Day. The dividend will be declared subject to availability and adequacy of distributable surplus.
Minimum Application Amount	Retail:  Rs. 5000/- Institutional:   Rs. 1 Cr In the case of transactions through STP, the minimum installment amount shall be Rs. 1,000/-. The minimum amount in case of inter/ intra scheme (inter plan/inter option) switches shall be the minimum amount required in the respective transferee scheme/plan.
Minimum Additional Application Amount	Retail:  Rs. 1000/- and in multiples of Re 1 thereafter Institutional:   Rs 1 Lac and in multiples of Re 1 thereafter
Minimum Amount / Units for Redemption	The minimum amount for redemption must be Rs. 1000/- or account balance whichever is less.
Load Structure	Entry Load* - Not Applicable Exit Load Retail Plan & Institutional Plan - 0.25% if redeemed within 90 days Contingent Deferred Sales Charge - Nil Inter - Scheme Switch - At the applicable loads in the respective schemes Intra - Scheme Switch (Inter Plan/ Inter Option) - Nil *In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.
Facilities Offered to Investors under the Scheme	Systematic Withdrawal Plan (SWP) Systematic Transfer Plan (STP)
Fund Manager	Vikrant Mehta
Current Expense Ratio (Effective Date: 3 Feb 2012)	Retail Plan: 0.80% Institutional Plan: 0.50%