(As of 31 Jan, 2021)
CRISIL AAA Medium Term Bond Index PR INR
Investors understand that their principal will be at Moderate Risk.
To generate income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds
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.
Housing Development Finance Corporation Limited
8.42% TN SDL 2023
National Bank For Agriculture and Rural Development
Hindustan Petroleum Corporation Limited
Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.
This fund is rated 3 stars by Morning Star Ratings.