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The fund is rated 4 stars. The strongest areas were income potential of 7.37%, exposure to interest-rate changes of 3.44 years, latest three-year return of 6%, and balance between returns and downside risk, while annual fee of 0.74% provided some support. Smaller fund size of Rs 248.75 crore was a minor drawback.
This fund has a high YTM of 7.37%, its Modified Duration is high at 3.44 years, and its 3-Year Rolling Return is 5.996%, indicating high performance. It has sortino ratio of 0.692 which indicates high risk-reward ratio However, its AUM is None at 248.747 crores, and its Expense Ratio is medium at 0.74%. Taking all these factors into account, the fund has been rated 4.0 stars.
Our score weighs long-term performance, risk and consistency — not just past returns.
As of 5 Nov 2026
As of 31 Oct 2026
Income over a medium-term investment horizon. Investment in money market and debt securities.
The fund aims at reasonable and attractive return consistent with prudent risk from a portfolio of high quality debt instruments. The secondary objective is to generate capital appreciation.
As of 31 Oct 2026
As of 30 Sep 1997
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| Haryana StateCoupon 7.13% · Maturity 05/01/2032 · Rating SOV | 13.99% | ₹34.53 Cr | 35,00,000 |
| GOICoupon 6.36% · Maturity 16/02/2031 · Rating SOV | 13.94% | ₹34.39 Cr | 35,00,000 |
| Maharashtra StateCoupon 7.72% · Maturity 01/03/2031 · Rating SOV | 10.21% | ₹25.2 Cr | 25,00,000 |
| Maharashtra StateCoupon 7.73% · Rating SOV | 10.12% | ₹24.98 Cr | 25,00,000 |
| Karnataka StateCoupon 7.30% · Maturity 09/02/2032 · Rating SOV | 10.04% | ₹24.77 Cr | 25,00,000 |
| Gujarat StateCoupon 7.17% · Maturity 04/02/2032 · Rating SOV | 9.99% | ₹24.65 Cr | 25,00,000 |
| Maharashtra StateCoupon 6.83% · Maturity 23/06/2031 · Rating SOV | 9.98% | ₹24.62 Cr | 25,00,000 |
| Indian BankMaturity 09/02/2027 · Rating CRISIL A1+ | 9.93% | ₹24.49 Cr | 500 |
| Bank Of BarodaMaturity 05/02/2027 · Rating IND A1+ | 7.95% | ₹19.61 Cr | 400 |
| GOICoupon 7.32% · Maturity 13/11/2030 · Rating SOV | 2.10% | ₹5.18 Cr | 5,00,000 |
