BNP Paribas MF launches Bnp Paribas Fixed Term Fund-Series 22 e

BNP Paribas MF new issue closes on 13th October

BNP Paribas Mutual Fund has launched Bnp Baribas Fixed Term Fund-Series 22 e.

This is a close-ended income scheme.

The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme. The tenure of the scheme is 369 days.

The new issue closes on 13 October 2011. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Alok Singh is the fund manager.

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HDFC Mutual Fund launches HDFC FMP 182D September 2011 (1)

HDFC Mutual Fund new fund offer closes 29th September

HDFC Mutual Fund has launched HDFC FMP 182D September 2011 (1), a close-ended income scheme.

The investment objective of the scheme is to generate income through investments in debt/money market instruments and government securities maturing on or before the maturity date. The tenure of the scheme is 182 days.

The new issue closes on 29 September 2011. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Bharat Pareek and Miten Lathia (for overseas investments) is the fund manager.

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SBI Mutual Fund launches SBI Debt Fund Series-18 Months-7

SBI Mutual Fund new fund offer closes 7th October

SBI Mutual Fund has launched SBI Debt Fund Series-18 Months-7, a close-ended income scheme.

The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as government securities, AAA/AA+ bonds and money market instruments maturing on or before the maturity of the scheme. The tenure of the scheme is 18 months.

The new issue closes on 7 October 2011. The minimum investment amount is Rs5000.

CRISIL Liquid Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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