short-term bond

  1. R

    Why is the performance of short-term funds for less then fixed deposit in the past 6 months

    In the past 6 months, the performance of top rated short-term bond funds has been an average about 2%. Which is an annualised average of about 4%. In contrast, fixed deposits are returning between 6.5 and 7%. Which translates to an after-tax at a marginal rate of 30% performance to be about 5%...