LIC Mutual Fund launches short term debt fund
According to a press release from the fund house, the investment objective of the scheme is to generate returns in line with the risk taken in the portfolio.
The fund manager will emphasize on credit analysis to determine credit risk and the investment process will follow a top down approach, considering aspects like interest rate view, term structure of interest rates, systemic liquidity, RBI’s policy stance, inflationary expectations, government borrowing program, fiscal deficit, global interest rates, currency movements, etc.
According to the fund house, the new scheme is beneficial for the investors who are looking for reasonable returns over short to medium term.
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