AIG Mutual Fund launched AIG Short Term Fund. The primary objective of the scheme is to seek to generate income from a portfolio constituted of short to medium term debt and money market securities. The fund will invest up to 40%-100% in debt and money market securities with maturity less than equal to 370 days or have put options within a period not exceeding 370 days. It will have investment of 0-60% in debt instruments including government securities, corporate debt and other debt instruments with maturity greater than 370 days.
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