(As of 30 Apr, 2019)
The investment objective of the Scheme is to seek to optimize returns by from a portfolio comprising investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 year and 4 years. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/ indicate any returns
(since 23 Aug, 2017)
(If redeemed within 360 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.
8.17% Tamil Nadu SDL 2025
Sundaram BNP Paribas Home Finance Limited
7.26% Govt Stock 2029
8.59% Andhra Pradesh SDL 2023
Medium Duration Funds invest in debt and money market instruments wherein the portfolio’s Macaulay Duration should be between three to four years. Given that these funds do not have equity exposure, it reduces the risk factor and is generallysuited for investors whose investment horizon is 1 – 3 years and are looking for just better than nominal returns.
This fund is rated 1 stars by Morning Star Ratings.
Default for all .