Ch.5 · SID, SAI and KIM Documents · hard
What is a 'medium duration fund' as per SEBI categorisation?
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EXPLANATION
A medium duration fund must have a Macaulay duration of 3 to 4 years as per SEBI's categorisation. It is positioned between short duration (1–3 years) and medium to long duration (4–7 years) funds, suitable for investors with a 3–4 year horizon seeking moderate interest rate exposure.
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