A no-load medium-term bond fund, Grindlays Super Saver Income Fund (GSSI), seeks steady returns from a portfolio of quality debt instruments.
With superior fund management and successive rate cuts in 2001, the fund has delivered a handsome total return of 16.01 per cent since its launch in July 2000 through January 31, 2001. In this brief period, the fund has emerged as the flagship of the relatively new entrant Standard Chartered Mutual Fund with net assets of over Rs 1800 crore in just about eighteen months.
The fund is guided by a process called "3D Factor Process", which takes into account the key factors that drive interest rates
