With investors taking favourably to initial offerings of passively managed target maturity bond funds, AMCs are clamouring to get a slice of the pie. Nearly every big AMC is launching TMFs spanning maturities and instruments. With the variety on offer, what type of TMF should you opt for?
Domestic investors first got a taste of TMFs in 2019 with the launch of Bharat Bond ETF series 2023 and 2030. Two additional funds were offered in 2020—Bharat Bond ETF series 2025 and 2031. It was the ..