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    Question

    Which mutual fund house has renamed US Debt ETF Fund As

    US Treasury Bond 0-1 Year Fund Of Fund? 
    A Bandhan Mutual Fund Correct Answer Incorrect Answer
    B Axis Mutual Fund Correct Answer Incorrect Answer
    C HDFC Mutual Fund Correct Answer Incorrect Answer
    D ICICI Prudential Mutual Fund Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bandhan Mutual Fund in March , 2023 confirmed that the recently-launched US Debt (ETF) Fund has been renamed as the Bandhan US Treasury Bond 0-1 Year Fund of Fund.    Bandhan Mutual Fund notified that the open-ended fund of fund (FoF) will invest in units and/or shares of overseas index funds and/or exchange-traded funds (ETFs), and track an index with the US treasury securities in the 0-1 year maturity range as its constituents. 

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