Is there a possibility to lose money in UltraShortTerm Debt mutual fund scheme?

is there a possibility to lose money in UltraShortTerm Debt mutual fund scheme?

Yes it is possible. There is no explicit guarantee of capital safety even in liquid fund. Taurus liquid fund for example lost its entire annual gain in a day when one of the underlying securities had to be written down.

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Technically yes, these are interest rate sensitive products. However, the chances of this happening are low.

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