ICICI Pru MF introduces Fixed Maturity Plan-Series 55-1 Year Plan H

ICICI Prudential Mutual Fund new issue closes on 15th June

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 55-1 Year Plan H, a close-ended income scheme.

The investment objective of the plan is to seek 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 new issue closes on 15th June. 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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Baroda Pioneer Mutual Fund unveils 90 days fixed maturity plan

Baroda Pioneer Mutual Fund new issue closes on 8th June

Baroda Pioneer Mutual Fund has launched Baroda Pioneer 90 Day Fixed Maturity plan-Series 2, a close-ended income scheme.

The investment objective of the 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 8th June. The minimum investment amount is Rs5,000.

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Kotak Mahindra MF floats 24 months fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 13th June

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 50 (24M), a close-ended income scheme. The tenor of the plan is 24 months.

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.
The new issue closes on 13th June. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Index is the benchmark index. Deepak Agrawal and Abhishek Bisen will be the fund managers for the scheme.

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