L&T Income Opportunities is a medium term bond fund which focuses on accrual based yield enhancement strategy by taking measured exposure to well researched & mispriced credit opportunities.
The Fund Manager intends to construct a portfolio with a relatively higher yield compared to high credit quality bond funds without assuming significant interest rate risk as the portfolio average maturity is restricted to 3 years. Fund’s credit selection is based on internal rigorous credit research process of assigning internal credit ratings encompassing detailed analysis of financial strength, liquidity, management track record, corporate governance and interactions with management, competitors, vendors and various other intermediaries.
A medium term debt fund with maximum average maturity of 3 years. Accrual-based, yield-enhancement strategy