(As of 30 Apr, 2019)
The Scheme seeks to generate income and capital appreciation through a portfolio constituted predominantly of AA+ and above rated Corporate Debt across maturities. However, there can be no assurance that the investment objective of the scheme will be realized.
(since 07 Feb, 2014)
(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.
Tata Motors Limited
Rural Electrification Corporation Limited
Small Industries Development Bank Of India
Indian Railway Finance 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 2 stars by Morning Star Ratings.
Default for all .