One of the largest short-duration funds in terms of assets under management (AUM), this fund seeks to benefit from mispriced opportunities on both credit and duration aspects. Maintaining a balance of risk and returns, the fund takes tactical lower-rated exposures alongside investing in bonds with maturity over three years. Exposures to lower-rated papers are well-contained at 10-15 per cent of the portfolio. However, in the last two years, it has averaged at around 7.74 per cent, which is still higher than many of its peers. Additionally, it takes exposure to additional tier-1 and tier-2 bonds, which are riskier than the plain-vanilla bonds. Having said that, these exposures have always been limited and over the last one-and-a-half years, these exposures have been brought down notably. V
Buy, hold, or switch. Get the call.
How's my portfolio doing? What do I need to fix? Where should I invest next? Fund Advisor answers each one. The Advisor Note every Saturday. A live session with Dhirendra Kumar every second Saturday.
No commissions. No conflicts. Since 1991.
See Plans
Already a subscriber ?Log In
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
