We are a country of savers, given our obsession for guaranteed return products and fixed return instruments. The scores of accounts at banks, post offices, and other small savings schemes are testament to the fondness of such products. On the ET Money Show, we brought on board Radhika Gupta MD and CEO, Edelweiss AMC, to dissect one such saving instrument: Target Maturity Funds. These are passive debt mutual funds which provide stable returns over the long term and also pack certain advantages. What kind of investors should look to invest in target maturity funds and what are its benefits? Radhika Gupta answers all these questions in this insightful chat.
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