(As of 15 Jan, 2022)
CRISIL ST Debt Hybrid 75+25 FundTR INR
Investors understand that their principal will be at Moderately High Risk.
To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.
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.
7.32% Govt Stock 2024
7.27% Govt Stock 2026
Power Finance Corporation Ltd.
Bajaj Housing Finance Limited
For investors with a clear goal of having a corpus for their retirement phase, a Retirement Fund could be a good option. These come with a lock-in period of 5 years or until retirement, whichever is earlier. SEBI has purposefully mandated the lock-inso as to give impetus to long term saving as they also come with tax benefits. Also, there’s a pretty hefty exit load – 3 to 4%, in case of premature withdrawals. Given that they’re only been there since a few years, there are limited number of Retirement Funds today.
This fund is rated 5 stars by Morning Star Ratings.