ICICI Pru MF unveils Fixed Maturity Plan–Series 55–1 Year Plan B

ICICI Prudential Mutual Fund’s new issue closes on 10th February

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

The investment objective of the plan is 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 opens on 3rd February and closes on 10th February. The minimum investment amount is Rs5,000.

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Axis MF floats 367 days plan

Axis Mutual Fund’s new issue closes on 8th February

Axis Mutual Fund has launched Axis Fixed Term Plan-Series 12 (367 days), a close-ended income scheme.

The plan(s) of the scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the respective plan(s).

The new issue opens on 3rd February and closes on 8th February. The minimum investment amount is Rs5,000.

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Bharti AXA Life Insurance launches five new products

Bharti AXA Life Insurance launches two new ULIPs and three traditional plans

Bharti AXA Life Insurance has launched five new life insurance products-Bright Stars Edge, Future Champs, True Wealth, Family Income Secure and Aajeevan Anand.

The new child plans, regular income plans and traditional plans together provide a powerful suite of products catering to the needs of various segments of the customer base. The ULIP schemes are Bright Stars Edge and True Wealth, while Future Champs, Family Income Secure and Aajeevan Anand are traditional plans.

Bharti AXA Life Insurance is a joint venture between Bharti Enterprises and AXA, world leader in financial protection and wealth management. The joint venture company has a 74% stake from Bharti Enterprises and 26% stake of AXA Asia Pacific Holdings Ltd (APH).

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