Invests at least 80% in debt issued by banks, public-sector undertakings, and public financial institutions — considered relatively safer given the quasi-sovereign nature of many issuers.
Taxation: typically taxed at the investor's income-tax slab rate regardless of holding period, following the debt-fund taxation rules in effect since 2023. This is general information, not tax advice — confirm current rules for your situation with a qualified professional.
See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.