A constant maturity debt index fund offering a unique solution for fixed-income investors by utilizing the roll-down strategy
- Indian Debt Yields: A Strong Opportunity As global inflation trends downward, central banks worldwide are implementing rate cuts. In contrast, Indian interest rates remain attractive, presenting an opportunity for investors seeking robust returns in the current economic environment.
- Financial Services Debt: A High-Quality Investment The performance of financial services companies, including banks and NBFCs, has steadily improved. With lower NPA ratios, decadal-high return on equity (RoE) and return on assets (RoA), and growing credit demand, their debt offerings are of top-notch quality.
- Short-Term Debt Instruments: A Premium in the Yield Curve Debt instruments with maturities of 3–6 months currently offer yields that are competitive within the short-term yield curve. These instruments benefit from improving credit metrics and profitability in the financial services sector, making them a viable choice for fixed-income investors.
- A Constant Maturity Index Fund: A Strategic Option for Fixed-Income Investors A constant maturity index fund is a passive debt fund that tracks a benchmark index composed of debt securities. The portfolio is regularly adjusted to maintain a consistent average maturity.
When focused on Commercial Papers (CPs), Certificate of Deposits (CDs) & Corporate bonds with maturities of 3–6 months, such a fund becomes a practical option for fixed-income investors. By maintaining a steady maturity in this range, it can provide competitive yields while keeping credit risk low, supported by the financial strength of the issuers.
(source: https://mutualfund.adityabirlacapital.com/)
Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund NFO Details:
| Mutual Fund | Aditya Birla Sun Life Mutual Fund |
| Scheme Name | Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund |
| Objective of Scheme | The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Financial Services 3 to 6 Months Debt Index before expenses, subject to tracking errors. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Index Funds |
| New Fund Launch Date | 09-Dec-2024 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 16-Dec-2024 |
| Indicate Load Seperately | |
| Minimum Subscription Amount | 1000 |
| For Further Details Please Visit Website | https://mutualfund.adityabirlacapital.com/ |
(source:https://www.amfiindia.com/)
Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index Fund NFO
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