Mutual Funds Have Lined-up Target-maturity Debt Schemes. Are They Worth It?
Clinton Fernandes 17 September 2021
Asset management companies, Aditya Birla Sun Life AMC and ICICI Prudential AMC, have recently launched a new type of open-ended debt scheme that comes with a maturity date. 
We will review the two schemes–ABSL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund and ICICI Pru PSU Bond Plus SDL 40:60 Index Fund Sep 2027—and find out if they are worth it. However, let us understand how these...
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