Mirae Asset launches Corporate Bond Fund with an aim to generate returns with moderate risk
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Mirae Asset launches Corporate Bond Fund with an aim to generate returns with moderate riskET Online
Last Updated: Feb 24, 2021, 02:36 PM IST
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Synopsis
The new scheme is an open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds.
Agencies
Mirae Asset Investment Managers India has launched Mirae Asset Corporate Bond Fund. The new scheme is an open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds. The NFO will open for subscription till March 9. The fund will be benchmarked with the Nifty Corporate Bond Index and will be managed by Mahendra Jajoo, CIO -Fixed Income, Mirae Asset, India.