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.
National Bank For Agriculture & Rural Development 22/06/2020 8.37%
Reliance Industries Ltd. 179-D 28/08/2020
Power Finance Corpn. Ltd. 26/06/2020 7.42%
Axis Bank Ltd. 26/06/2020
REC Ltd. 30/06/2022 6.90%
REC Ltd. 30/09/2024 6.99%
Larsen & Toubro Ltd. 26/05/2020 8.95%
Housing Development Finance Corpn. Ltd. 26/06/2020 7.60%
Axis Bank Ltd. 25/05/2020
Housing Development Finance Corpn. Ltd. 10/02/2025 7.35%
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).