(As of 30 Apr, 2019)
To provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities such that the Macaulay duration of the portfolio is between 3 months - 6 months.
(since 22 Aug, 2014)
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.
TALWANDI SABO POWER LTD
Indiabulls Housing Finance Limited
Dewan Housing Finance Corporation Limited
Reliance Ports And Terminals Limited
Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.
This fund is rated 3 stars by Morning Star Ratings.
Default for all .