Maintains a portfolio Macaulay duration of 6-12 months — a modest step up in duration (and typically yield) from ultra-short and liquid categories.
Taxation: typically taxed at the investor's income-tax slab rate regardless of holding period, following the debt-fund taxation rules in effect since 2023. This is general information, not tax advice — confirm current rules for your situation with a qualified professional.
See the full live category table on the dashboard, or estimate returns with the MF returns calculator using this category's actual historical median.