Birla Sun Life Mutual Fund introduces 180 days fixed maturity plan

Birla Sun Life Mutual Fund new issue closes on 16th March

Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 13, a close-ended income scheme.

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme will have duration of 180 days.

The new issue closes on 16th March. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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IDFC Mutual Fund floats Fixed Maturity Plan Half Yearly Series–13

IDFC Mutual Fund new issue closes on 17th March

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan Half Yearly Series-13, a close-ended income scheme.

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

The new issue closes on 17th March. The minimum investment amount is Rs10,000.

Crisil Composite Bond Fund Index is the benchmark index. Anupam Joshi is the fund manager.

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ICICI Prudential Mutual Fund unveils 367 days fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 16th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 56-1 Year Plan B, a close-ended income scheme.

The investment objective of the plan is to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the plan under the scheme. The tenor of the scheme is 367 days.

The new issue closes on 16th March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.

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