Objective: Debt funds are fixed income funds which provide an opportunity earn higher post tax return compared other fixed income Investments. Investment Horizon: Typical time horizon for debt accrual fund is 3 years. After 3 years debt funds provide tax efficient return. Load: Entry Load: Nil Exit Load: Typical debt funds have 0-1% exit load if redeemed within 1 year. Investment Instruments: Debt funds invest in NCD, corporate and government bonds and money market instruments.