Fidelity Mutual Fund introduces Fixed Maturity Plan Series V-Plan E

Fidelity Mutual Fund new issue closes on 17th March

Fidelity Mutual Fund has launched Fidelity Fixed Maturity Plan Series V-Plan E, a close-ended income scheme.

The investment objective of the scheme is to generate reasonable returns and reduce interest rate volatility primarily through investment in money market and short to mid term debt instruments having maturity, on or before the date of maturity of a Plan.

The new issue closes on 17th March. The minimum investment amount is Rs5,000.

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DSP BlackRock Mutual Fund unveils FMP–12M–Series 16

DSP BlackRock Mutual Fund new issue closes on 16th March

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-12M-Series 16, a close-ended income scheme.

The primary investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the schemes. The schemes may also use fixed income derivatives for hedging and portfolio balancing.

The new issue closes on 16th March. The minimum investment amount is Rs10,000.

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Reliance Mutual Fund floats Fixed Horizon Fund-XVIII-Series 6

Reliance Mutual Fund new issue closes on 16th March

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XVIII-Series 6, a close-ended income scheme.

The primary 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 normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.

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

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