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Our Bureau

Mumbai , Nov. 28

Investment Information and Credit Rating Agency Ltd has assigned the highest credit quality risk rating `mfAAA' to Fidelity Short Term Income Fund.

The mfAAA rating indicates that the fund carries the lowest credit risk, similar to that associated with long-term debt obligations rated in the highest-credit-quality category.

Fidelity Short Term Income Fund is an open-ended income scheme aiming to generate reasonable returns through a diversified portfolio of fixed income securities. The benchmark index for the Fund is the Crisil Short Term Bond Index.

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