Lotus India MF has unleashed a fund called Lotus India Quarterly Interval Fund - Plan A and it is a debt oriented interval scheme. The objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments. The fund will invest 0%-100% in money market instruments including reverse repo. The investment in government securities issued by the central government and/or state government(s) will be 0%-50%. The fund will invest 0%-100% debt instruments such as bonds and debentures. The investment in securitised debt will be up to 50%. The investment in fixed income derivatives will be up to 50%.
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