DSP MF launches an FOF focussing on US treasury bonds

DSP Mutual Fund has launched DSP US Treasury Fund of Fund, an open-ended FoF investing in units of ETFs and/or funds focused on US Treasury Bonds.

The scheme will invest over 95% of its assets in the money market, floating rate, short, medium and long duration funds issued in US.

In a press release, Sandeep Yadav, Head – Fixed Income, DSP MF said, “This is an opportune time for investors to look at the potential existing from elevated US Treasury yields and their probable fall. The design of the fund offers investors the potential to earn better returns through active management of interest rate cycles.”