These maturities are after adjusting for the put, call option, and put option dates.
Put option allows a fund house to sell bonds back to the company at certain agreed terms. Call option allows a company to “call back” its bonds and purchase it from the fund house or any investor.
For income opportunities fund, the timeline can be slightly longer, as it will take three years for close to a third of the assets to mature.
Investors exposed to dynamic accrual fund can see shorter timeframe, as 45 per cent of the assets are maturing within two years.
Of the six schemes, ultra-short bond fund and low duration fund have the bulk of maturities set in shorter timeframes. According to the data, 81 per cent of the assets of ultra-short bond fund will mature within two years. For low duration fund, the share is 74 per cent for the same period.