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Options
- A
1 to 3 months
-
3 to 6 months
Correct answer
- C
6 to 12 months
- D
1 year to 3 years
Why this is the answer
Ultra-short-term debt schemes invest in instruments with a Macaulay duration between 3 and 6 months. This duration is used to assess the interest rate sensitivity of the fund.
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