The FRSB, 2020 (T) is offering a higher interest rate of 8.05% p.a. compared to bank fixed deposit rates of 6.50% to 7.00%.
The investment seeks a high level of current income. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans ...
Decoding interest rate swap quotes can be simple with the right guidance. Our article offers key insights and practical tips ...
Despite an overall fall in the interest rate, RBI floating rate bonds still remain the safest investment options for most investors that gives them one of the higher interest rate offering a 8.05%.
Invesco Variable Rate Investment Grade ETF invests in floating-rate bonds for stability in volatile markets. Read here for an analysis VRIG ETF.
Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.