(As of 31 Mar, 2022)
CRISIL Banking and PSU Debt TR INR
Investors understand that their principal will be at Risk.
The scheme seeks to provide regular income through a portfolio of debt and money market instruments consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs), Public Financial Institutions and Municipal Bonds. However, there is no assurance or guarantee that the objective of the scheme will be achieved.
N / A
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Power Finance Corporation Ltd.
National Bank For Agriculture And Rural Development
Oil And Natural Gas Corporation Limited
Banking and PSU debt funds are generally seen as an alternative for bank deposits with low risk, liquidity and the appetite to generate stable returns. As seen in the past, these funds have an average maturity of about 2 years and invest mostly in AAA rated securities – bank certificates of deposits or bonds / debentures of PSUs. The volatility in their case is relatively lower than long-duration funds and is suited for investors looking for higher returns than bank deposits but at the same time, do not want to be exposed to high risks.
This fund is rated 0 stars by Morning Star Ratings.