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Quotes of the day:
Truth may be stretched, but cannot be broken, and always gets above falsehood, as oil does above water.
A debt fund is an investment pool, such as a mutual fund or exchange-traded fund, in which the core holdings comprise fixed income investments. A debt fund may invest in short-term or long-term bonds, securitized products, money market instruments or floating rate debt. On average, the fee ratios on debt funds are lower than those attached to equity funds because the overall management costs are lower.
All You Need To Know About Debt Funds | Personal Finance for Beginners
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