The scheme aims to offer an investment avenue for short term savings by looking to generate returns commensurate with a low risk strategy from a portfolio that is invested in debt and money market securities such that the Macaulay duration of the portfolio is between 6 months and 12 months.
Housing Development Finance Corpn. Ltd. 27/04/2020 8.49%
Power Finance Corpn. Ltd. 15/05/2020 7.05%
Power Finance Corpn. Ltd. 26/06/2020 7.42%
Axis Bank Ltd. 26/06/2020
Housing Development Finance Corpn. Ltd. 26/06/2020 7.60%
Top Sectoral Holdings
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science. Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).