ING Fixed Maturity Fund – Series XXXIV - Institutional - Dividend
Investment Objective
A close-ended scheme offering an investment plan of 91 days maturity, investing in a portfolio of government securities or highly rated corporate bonds maturing close to the maturity of the scheme so as to generate returns comparable with alternative fixed-income instruments of similar maturity. The scheme will invest in debt securities with maturity coinciding closely with the maturity of the scheme, so as to minimise the impact of price fluctuation of such securities on the value at maturity. However, there can be no assurance that the investment objective of the scheme will be achieved.
Portfolio holdings not disclosed for this fund yet.
Bank of India Credit Risk Fund - Growth - Direct Plan and 4 more peers in this category.
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Risk metrics are not available for this fund.
This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.
General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.