 "cash, currency, notes, funds, investment, shares, growth, profit, loss, tax, money, income, earnings")
Two target-maturity debt funds are set to hit the market. The new fund offer (NFO) of Edelweiss Nifty PSU Bond Plus SDL Index Fund 2026 opens on Wednesday. This is the first index fund to be launched in the debt space (earlier passive debt funds were all exchange-traded funds, or ETFs). The NFO of another target-maturity fund, Nippon India ETF Nifty SDL-2026 Maturity, will open on March 15.
High credit quality
The Edelweiss fund will invest in an index comprising 50 per cent AAA-rated public-sector unit (PSU) bonds and 50 per cent state development loans (SDLs).
“Half the portfolio will be in SDLs,
