| Baroda Pioneer Public Sector Undertaking (PSU) Bond Fund
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Baroda Pioneer PSU Bond is an open-ended debt scheme that would look to create a
portfolio of bonds issued by Public Sector Undertakings (PSU) and Government
Securities (G-Sec) of varying yields and maturities. Baroda Pioneer PSU Bond
Fund will predominantly invests in binds issued by some of the larger PSU in
India. PSU Bonds offer investors high Credit quality with low risk to capital
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| New Fund Offer (NFO) - 7th - 21st December 2009. The fund was again opened for subscription from 29th December 2009
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| What would be portfolio strategy of the scheme?
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Baroda Pioneer PSU Bond fund would look
to deliver average returns for the investors by designing a portfolio that will
dynamically track interest rate movements with low credit risk due to its
exposure to PSU bonds. |
Given the current interest rate
scenario, the core portfolio would consist of 2 to 3 year PSU bonds providing
good carry yields. |
Duration would be actively managed with
exposure to liquid 5 year and 10 year PSU bonds and Government securities
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Liquidity would be maintained through
portfolio allocations to PSU Bank CDs
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| Product Note | |
KIM and application form | |
Expense
Ratios
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