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Baroda Pioneer Short term Bond Fund - Asset Allocation Change
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Baroda Pioneer Mutual Fund has announced a change in the asset allocation pattern of Baroda Pioneer Short-term Bond Fund from June 15, 2012. Now, the scheme may invest 65-100% in debt securities with a residual maturity of upto 24 months. The remaining may be invested in debt securities with a residual maturity of greater than 24 months & less than 60 months.
Presently, it invests 60-100% in debt securities with a residual maturity of 1-3 years and the rest in securities with less than 1 year of residual maturity.
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