It is an open-ended debt scheme, which intends to provide liquidity with commensurate returns over short-term by investing in a basket of debt and money market instruments of high credit quality. The scheme seeks to take very limited exposure to longer maturity securities to provide mark to- market returns, and is ideal for a short-term investment. The scheme is rated at 'CRISIL AAA mfs'.
Search Keywords / Tags: Ultra Short Term Funds,