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Bajaj Finserv Mutual Fund launches new low duration fund
Bajaj Finserv Mutual Fund has launched a low duration fund targeting conservative investors.
Bajaj Finserv Mutual Fund has launched a low duration debt fund aimed at investors seeking relatively stable returns. The scheme will invest in debt instruments with shorter maturities to manage interest rate risk. Analysts said such funds suit conservative investors with the short term horizons. Market participants noted rising interest in the debt products amid rate uncertainty and portfolio diversification needs.