Debt securities are also assigned a 'credit rating', which helps assess the ability of the issuer of the securities / bonds to pay back their debt, over a certain period of time. These ratings are issued by independent rating organisations such as CARE, CRISIL, FITCH, Brickwork and ICRA. Ratings are one amongst various criteria used by Fund houses to evaluate the credit worthiness of issuers of fixed income securities.
There is a wide range of fixed income or Debt Mutual Funds available to suit the needs of different investors, based on their.
|Liquid Funds||Non-Liquid Funds|
|Individual Investor / HUF||25% + 10% Surcharge*+ 3% Cess||12.5%** /25%# + 10% Surcharge* + 3% Cess|
|Non-individual Investor||30% + 10% Surcharge* + 3% Cess||30% + 10% Surcharge* + 3% Cess|