Average Credit Quality
It is the average quality of the debt securities in the fund. This is calculated by considering the rating of each security and its percentage in the fund. High quality ratings, like AAA, indicate a safer nature of the investments—for example, government bonds or cash, which are very secure. This measure gives an idea about the risk level of the portfolio of the fund.
Disclaimer: Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.