July 2024 Debt and Hybrid Mutual Fund Screener: A Tool for Selection, Tracking, and Learning

Debt and Hybrid Mutual Fund Screener for Portfolio Selection, Tracking, and Learning

“New Debt Mutual Fund Screener Offers Comprehensive Portfolio Selection and Tracking Features”

Investors looking to make informed decisions about debt mutual funds now have a powerful tool at their disposal. A new debt mutual fund screener has been launched, offering a wide range of features to help investors select, track, and learn about various debt funds.

The screener includes hybrid funds that invest in bonds, catering to investors interested in money market funds, banking PSU funds, and more. It provides detailed information on the credit quality of the bonds in the portfolio, as well as the bond maturity profile, allowing users to better understand the credit and interest rate risks associated with a fund or fund category.

Unlike traditional methods of evaluating debt funds based on average credit rating and portfolio duration, the screener breaks down the weights to ratings like AAA, AA, A, and more. It also categorizes bonds based on maturity, such as those maturing within a year, 1-3 years, 3-5 years, and above five years, providing a more nuanced view of the fund’s risk profile.

The Excel-based screener includes sheets for fund asset allocation, credit rating distribution, maturity profile, upgrades or downgrades, YTM, modified duration, average maturity, and returns. It covers 25 categories of funds, including aggressive hybrid funds, corporate bond funds, money market funds, and more.

Investors can use the screener for two main purposes: to learn more about debt funds and to shortlist funds with good credit quality. The tool provides guidelines on how to analyze different fund categories based on their bond holdings and credit ratings, helping investors make informed decisions.

The screener is available for a nominal fee and comes with discounted links to courses on earning from skills and goal-based portfolio management. It is designed for personal use only and does not offer buy or sell recommendations. Users are advised to verify the data with the fund factsheet before making any investment decisions.

Overall, the new debt mutual fund screener offers a comprehensive and user-friendly way for investors to evaluate and select debt funds that align with their investment goals and risk tolerance.

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