What is Macaulay duration concept and how it helps you to choose right debt mutual fund?
What is Macaulay duration concept and how it helps you to choose right debt mutual fund? As per SEBI recategorization of mutual funds, all debt funds need to be classified into buckets based on Macaulay duration. Macaulay duration is indicated in the scheme information document (SID) of the mutual fund scheme. Often, many mutual fund investors keep getting this doubt […]
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