Comments
Mutual fund house Mirae is now expanding its product basket to launch the Mirae Asset Dynamic Bond Fund, an open-ended income scheme, on March 3. The NFO period will last till March 17. The fund will reopen for fresh purchases on and from March 27.
The objective of the bond fund is to generate optimal returns through active management of a portfolio of debt and money market instruments. The scheme is a medium to long-term investment option that provides the flexibility to respond to continuously changing market scenario by actively managing its portfolio in line with the evolving interest rate scenario, the fund house said in a press statement.
Mirae Asset had assets under management of Rs 7,050 crore as on January 31, 2017.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.