Yes, low-duration funds are debt mutual funds that invest in short-term debt securities with a duration between 6 to 12 months. These funds have relatively low interest rate risk.
Low-duration funds are suitable for investors looking to park their money for 3-6 months in low-risk instruments.
Yes, you can withdraw money anytime from low-duration funds by placing a redemption request. Funds are credited to your account within 1-2 business days.
You can start investing in low-duration funds with an amount as low as Rs. 100.
