Union KBC MF has filed an offer document to launch Union
KBC Short Term Debt fund.
Mumbai: Union KBC Mutual Fund has filed an offer document with SEBI to launch
Union KBC Short Term Debt Fund, open ended debt scheme.
The investment objective is to provide reasonable returns
commensurate with low to moderate risk and high level of liquidity through a
portfolio of
money market and debt securities. The scheme would allocate 80-100 per
cent of asset in Money market and debt
instruments with low to medium. It would further
invest up to 20 per cent of asset in debt instrument with medium risk profile.
The fund will be benchmarked against CRISIL Liquid Fund Index and will be managed by Devesh Thacker.
