(As of 30 Apr, 2019)
The primary objective of the Scheme is to provide income consistent with the prudent risk from a portfolio comprising various debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme / Plan(s) do not guarantee / indicate any returns.
(since 21 Sep, 2015)
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 And Urban Development Corporation Ltd.
8.65% Chhattisgarh SDL 2023
Larsen And Toubro Limited
Reliance Industries 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 4 stars by Morning Star Ratings.
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