(As of 31 May, 2022)
NIFTY Ultra Short Duration Debt TR INR
Investors understand that their principal will be at Low to Moderate Risk.
To primarily generate accrual income by investing in a portfolio of short term Money Market and Debt Instruments.
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.
National Bank For Agriculture And Rural Development
08.80 Tn SDL 2022
Muthoot Finance Limited
Jamnagar Utilities & Power Private Limited
Ultra Short Duration Mutual Funds invest in very short term debt securities with a small portion in longer term debt securities. Ultra Short Duration Mutual Fund maybe used by investors for both short term needs as well as Systematic Transfer Plans (STPs) as they hep investors avoid interest rate risks and offer better returns than most money market instruments. They invest in securities with a maturity period of both greater and less than 91 days and the typical investment horizon ranges from 1 week to 18 months. The returns from these attract capital gains which are taxable.
This fund is rated 3 stars by Morning Star Ratings.