HDFC Mutual Fund launches 370 days fixed maturity plan

HDFC Mutual Fund new issue closes on 28th March

HDFC Mutual Fund has launched HDFC FMP 370D March 2011 (5), a close-ended income scheme.

The investment objective of the plan under the scheme is to generate income through investments in debt/money market instruments and government securities maturing on or before the maturity date of the respective plan. The tenor for the scheme is 370 days.

The new issue closes on 28th March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Shobhit Mehrotra and Miten Lathia (for overseas investments) are the fund managers.

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HDFC Mutual Fund unveils 35 days fixed maturity plan

HDFC Mutual Fund new issue closes on 22nd March

HDFC Mutual Fund has launched HDFC FMP 35D March 2011 (2), a close-ended income scheme.

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

The new issue closes on 22nd March. The minimum investment amount is Rs5,000.

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BNP Paribas Mutual Fund floats 367 days fixed term fund

BNP Paribas Mutual Fund new issue closes on 25th March

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 21 H, 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 tenor of the scheme is 367 days.

The new issue closes on 25th March. 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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