Birla Sun Life Mutual Fund unveils 91 days fixed maturity plan

Birla Sun Life Mutual Fund new issue closes on 9th March

Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 11, 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 91 days.

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

CRISIL Liquid Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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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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