Contrary
to the misconception many investors have, mutual funds are not just all about
investing in equities through equity funds. You also have other mutual funds
which invest your money in lower risk investments and consequently provide a
lower return. Debt mutual fund is one such category.
Lower risk,
steady return Debt mutual funds invest the money of investors in debt investments.
These include corporate and government debt securities including debentures and
government securities (G-secs). They typically generate a steady return over different
periods of time.
Debt
mutual funds typically carry comparatively lower risk and their returns are
also lower than other mutual funds like equity mutual funds. This is the reason
they are great options when it comes to making investments that generate
regular income like the income needed for the retired and securing gains made
from long term growth investments like equity funds for needs like children’s
higher education and retirement.
Suggested
video: What are Debt
Mutual Funds?