Baroda Pioneer AMC launches debt scheme

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Baroda Pioneer Asset Management Company (AMC), today in Mumbai announced the launch of Baroda Pioneer Treasury Advantage Fund.
This Fund has a credit risk rating of mfA1+ from ICRA and is an open-ended debt fund.
This aims to provide optimal returns and liquidity by investing in a portfolio comprising of debt securities and money market instruments.
The Fund will provide investment avenues to investors for their short-term surpluses, and will provide reasonable returns combined with high levels of liquidity, safety through portfolio construction and in depth credit evaluation of securities.
First Published: Jun 10 2009 | 6:21 PM IST