ICICI Pru MF launches Capital Protection Oriented Fund- Series II-24 Months

ICICI Prudential Mutual Fund new issue closes on 28th July

ICICI Prudential Mutual Fund has launched ICICI Prudential Capital Protection Oriented Fund-Series II-24 Months, a close-ended income scheme.

The investment objective of the plan under the scheme is to protect capital by investing a portionof the portfolio in debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities. The tenure of the plan is 24 months.

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

Crisil MIP Blended Index is the benchmark index. Chaitanya Pande and Mrinal Singh are the fund managers.

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HDFC Mutual Fund floats 92 days fixed maturity plan

HDFC Mutual Fund new issue closes on 20th July

HDFC Mutual Fund has launched 92D July 2011 (2), a close-ended income scheme.

The investment objective of the plan under the scheme is to generate income throughinvestments in debt/money market instruments and government securities maturing on or before the maturity date of the respective plan. The tenure of the plan is 92 days.

The new issue closes on 20th July. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Bharat Pareek and Miten Lathia (foroverseas investment) are the fund managers.

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HDFC Mutual Fund unveils 375 days fixed maturity plan

HDFC Mutual Fund new issue closes on 19th July

HDFC Mutual Fund has launched HDFC FMP 375D July 2011 (1), a close-ended income scheme.

The investment objective of the plan under the scheme is to generate income throughinvestments in debt/money market instruments and government securities maturing on or beforethe maturity date of the respective plan. The tenure of the plan is 375 days.

The new issue closes on 19th July. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Bharat Pareek and Miten Lathia (foroverseas investment) are the fund managers.

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