ITI Ultra Short Duration NFO: To focus on high accrual income
The fund looks to invest in issuers with a minimum short-term credit rating of ‘A1+’ and long-term rating of ‘AAA’ to ‘AA
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The fund looks to invest in issuers with a minimum short-term credit rating of ‘A1+’ and long-term rating of ‘AAA’ to ‘AA
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Mutual funds gather money from a lot of investors and create a corpus to invest in equity or debt or in both. Debt mutual funds are funds that invest in in fixed income instruments like corporate bonds, government securities and money market instruments. Debt funds strive to minimise risk by picking the least risky types […] Read More