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Mahindra Manulife Mutual Fund launches short term debt fund
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Last Updated: Feb 09, 2021, 03:08 PM IST
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Mahindra Manulife Mutual Fund has launched Mahindra Manulife Short Term Fund, an open ended short term debt scheme investing in instruments with macaulay duration between 1 and 3 years.
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Mahindra Manulife Mutual Fund has launched Mahindra Manulife Short Term Fund, an open ended short term debt scheme investing in instruments with macaulay duration between 1 and 3 years. The New Fund Offer opens on February 9 and closes on February 16. The scheme will reopen for continuous sale and repurchase from February 25, 2021.
According to the fund house, the scheme is suitable for investors looking for a balance of safety, liquidity and yield with a 1-3 year horizon. It is also suitable for those seeking an alternate to traditional investment options that have the potential to deliver better risk adjusted returns. The scheme ....

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