What are Debt funds?

Debt funds or fixed income funds are relatively less volatile than equity funds. There are a host of debts funds you can choose from, depending upon the type of securities they invest in besides the maturity term of these securities whether short, medium or long. There are also dynamic bond funds which invest across long and short term securities based on the market situation besides fixed maturity plans or FMPs which invest for a defined period and are close ended.

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