Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Aditya Birla's 2-Year AAA NBFC-HFC Index Fund: Target Maturity NFO Opens
Update / Judgement Date
02 Oct 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Aditya Birla Sun Life has launched a new 2-year Target Maturity Index Fund focused on AAA-rated NBFCs and Housing Finance Companies (HFCs). This New Fund Offer (NFO) targets investors seeking fixed income opportunities with a relatively lower risk profile. The fund aims to provide stable returns by investing in high-quality debt instruments from top-rated companies. Investors are drawn to such funds for their predictable returns, especially in the current economic climate where fixed income instruments are favored for stability over equities.