Mahindra Mutual Fund has launched Mahindra Credit Risk Yojana, that  will remain open for subscription until August 10.

This open-ended debt scheme will allocate at least 65% of its assets in AA and lower-rated corporate bonds, while up to 35% will be deployed in debt and money market instruments. It also has the provision to invest up to 10% in units issued by real estate investment trusts (REITs) and infrastructure investment trusts (InVITs).

Further, the fund will invest in quality instruments of moderate to high safety investment grade, and generate optimum returns with less volatility at the lowest quantum of risk.

Read EquityPandit’s Technical Analysis of Indian Stock Market