(As of 30 Apr, 2019)
To generate regular and stable income by investing predominantly in bonds issued by corporates. The scheme will invest in bonds which are rated AA+/ AAA by credit rating agencies.
(since 09 Sep, 2010)
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.
Kotak Mahindra Prime Limited
Small Industries Development Bank Of India
Indiabulls Housing Finance Limited
Reliance Jio Infocomm 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 0 stars by Morning Star Ratings.
Default for all .