Invests at least 65% in floating-rate instruments, whose income resets with prevailing rates — this structurally cushions the fund against interest-rate risk versus fixed-rate debt of similar maturity.
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.