Ultra short duration MFs offer low-risk debt funds with top performers like Aditya Birla SL, Mirae Asset, Baroda BNP Paribas, ICICI Pru. 25 active schemes, 6.87% average returns. YTM and modified duration details provided for each fund.
Baroda BNP-Paribas CIO said they are becoming more mindful of high valuations now after the market rally. While nothing seems like it could go wrong, one needs to be a little more mindful, he said