Magnum gilt fund- long term fund
An open ended gilt fund, the objective of the scheme is to provide the investors holder with returns generated through investments in government securities issued by the central government and a state government. The scheme investments would be made in government securities consistent with the view on macro economic and liquidity scenario. The scheme would also seek to maximize returns based on intra day trading positions. The scheme carries higher interest rate risk.
Magnum gilt fund short term
The scheme carries a moderate interest rate risk as the funds will be normally managed to a maximum average portfolio maturity of three years.
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