Mahindra launches new short-term fund
February 09, 2021
Mahindra Manulife Investment Management has launched ‘Short Term Fund,’ which will invest in debt instruments with one- and three-year outlook. The NFO closes on February 16 and will reopen for continuous sale and repurchase on February 25. The fund will invest 100 per cent in debt and money market securities and up to 10 per cent in units issued by REITs and InvITs.
It is suitable for investors looking for a balance of safety, liquidity and yield . It is also suitable for those seeking an alternative to traditional options that have the potential to deliver better risk-adjusted returns.
More Filipinos go for higher-yielding investment options inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.