Baroda Pioneer Mutual Fund launches 90 days fixed maturity plan

Baroda Pioneer Mutual Fund new issue closes on 9th March

Baroda Pioneer Mutual Fund has launched Baroda Pioneer 90 Day Fixed Maturity Plan, Series 1, a close-ended income scheme.

The investment objective of each scheme is to generate regular returns by investing in a portfolio comprising of debt instruments and money market instruments maturing on or before the maturity of the scheme.

The new issue closes on 9th March. The minimum investment amount is Rs5,000.

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Reliance Mutual Fund introduces Fixed Horizon Fund-XIX-Series 8

Reliance Mutual Fund new issue closes on 10th March

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 8, a close-income scheme.

The investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. The tenor of the scheme is 368 days.

The new issue closes on 10th March. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Amit Tripathi is the fund manager.

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Escorts Mutual Fund unveils 375 days fixed maturity plan

Escorts Mutual Fund new issue closes on 23rd March

Escorts Mutual Fund has launched Escorts Fixed Maturity Plan Series II, a close-ended income scheme.

The investment objective of the scheme is to generate regular income through investments in debt/money market instruments and government securities, which mature on or before the date of maturity of the scheme. The tenor of the scheme is 375 days.

The new issue closes on 23rd March. The minimum investment amount is Rs5,000.

CRISIL Short-Term Bond Index is the benchmark index. Sanjay Arora, Jagveer Singh Fauzdar and Rajat Budhiraja are the fund managers for the scheme.

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