Mahindra Mutual Fund Launches Mahindra Credit Risk Yojana Mahindra Mutual Fund unveiled Mahindra Credit Risk Yojana, the fund house’s first-ever retail debt fund, on July 27, 2018, Mahindra MF stated in a press release. The NFO (New Fund Offer) of the open-ended debt scheme will be open for subscription until August 10, 2018. The Mahindra Credit Risk Yojana scheme will mainly invest at least 65 percent of its assets AA and below-rated corporate bonds, eliminating AA+ rated corporate bonds. The new open-ended debt scheme will allocate about 35 percent of its assets in debt instruments and money market securities. The fund will also invest up to 10 percent of its assets in units issued by REITs (Real Estate Investment Trusts) and InVITs (Infrastructure Investment Trusts). According to the press release statement of the Mahindra Mutual Fund, the Mahindra Credit Risk Yojana scheme aims to produce optimum returns with less volatility at the lowest quantum of risk by investing in moderate to high safety investment grade quality securities. The new open-ended debt scheme offers both the Regular and Direct Plans with Growth and Dividend Options. The minimum application of the Mahindra Credit Risk Yojana scheme is 1,000 Rupees and thereafter in multiples of one Rupee. The scheme has an exit load of 1 percent on redemption of units above 10 percent on or before one year from the date of allotment. The performance of the Mahindra Credit Risk Yojana fund is benchmarked under 75 percent CRISIL AA Short-Term Bond Index and 25 percent CRISIL AAA Short-Term Bond Index. The Fund Manager of the Mahindra Credit Risk Yojana scheme is Rahul Pal, according to Money Control. The new open-ended debt scheme of the Mahindra Mutual Fund is the best fit for a retail investor who is ready to take little more risk for receiving better returns than a fixed deposit, said Ashutosh Bishnoi, Managing Director and CEO of Mahindra MF, reported The HINDU BusinessLine. The post Mahindra Mutual Fund Launches Mahindra Credit Risk Yojana appeared first on OWLT Market.

Mahindra Mutual Fund unveiled Mahindra Credit Risk Yojana, the fund house’s first-ever retail debt fund, on July 27, 2018, Mahindra MF stated in a press release. The NFO (New Fund Offer) of the open-ended debt scheme will be open for subscription until August 10, 2018.

The Mahindra Credit Risk Yojana scheme will mainly invest at least 65 percent of its assets AA and below-rated corporate bonds, eliminating AA+ rated corporate bonds.

The new open-ended debt scheme will allocate about 35 percent of its assets in debt instruments and money market securities. The fund will also invest up to 10 percent of its assets in units issued by REITs (Real Estate Investment Trusts) and InVITs (Infrastructure Investment Trusts).

According to the press release statement of the Mahindra Mutual Fund, the Mahindra Credit Risk Yojana scheme aims to produce optimum returns with less volatility at the lowest quantum of risk by investing in moderate to high safety investment grade quality securities.

The new open-ended debt scheme offers both the Regular and Direct Plans with Growth and Dividend Options.

The minimum application of the Mahindra Credit Risk Yojana scheme is 1,000 Rupees and thereafter in multiples of one Rupee. The scheme has an exit load of 1 percent on redemption of units above 10 percent on or before one year from the date of allotment.

The performance of the Mahindra Credit Risk Yojana fund is benchmarked under 75 percent CRISIL AA Short-Term Bond Index and 25 percent CRISIL AAA Short-Term Bond Index.

The Fund Manager of the Mahindra Credit Risk Yojana scheme is Rahul Pal, according to Money Control.

The new open-ended debt scheme of the Mahindra Mutual Fund is the best fit for a retail investor who is ready to take little more risk for receiving better returns than a fixed deposit, said Ashutosh Bishnoi, Managing Director and CEO of Mahindra MF, reported The HINDU BusinessLine.

The post Mahindra Mutual Fund Launches Mahindra Credit Risk Yojana appeared first on OWLT Market.

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