The objective of AKD Cash Fund (AKDCF) is to provide optimum returns consistent with minimal risk from a portfolio constituted of high quality short term securities/instruments, which will provide liquidity. The IPO AKD Cash Fund is suited for conservative investors with little tolerance for price volatility while ensuring liquidity, along with a regular return in line with on-going interest rates. The fund shall invest primarily in shorter duration government securities / instruments and money market securities / instruments having ratings of AA and above. There is no direct or indirect exposure to shares, term finance certificates and long-term debt instruments.