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Investors get a fixed amount of money at the time of maturity.
Infographic: What are Target Maturity Debt Funds?
Updated: 13 Dec 2021, 05:14 PM IST
TL;DR.
Debt mutual funds that are liquid and assure to give a fixed amount on maturity to investors are target maturity funds. Read further to understand the nuances of this new category of financial instruments.
First Published: 13 Dec 2021, 05:14 PM IST