(As of 31 May, 2022)
NIFTY Credit Risk Bond TR INR
Investors understand that their principal will be at Moderate Risk.
To generate accrual income and capital appreciation by investing in debt securities of varying maturities across the credit spectrum.
1 %(If redeemed within 365 days)
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.
5.22% Govt Stock 2025
National Housing Bank
6.45% Govt Stock 2029
Muthoot Finance Limited
Credit Risk Funds need to have at least 65% of their investmentin lower rated securities such as those having AA-, A+, A-, BBB, etc. The maturity period of these papers is usually 1 – 3 years, unlike long maturity bonds. The interest rates offered by such companies is higher and earning scope arises when their ratings go up, offering a benefit of capital gains. They, at times,pose as an attractive investment option as they have the potential to give 2 – 3% higher returns than risk-free papers.
This fund is rated 2 stars by Morning Star Ratings.