ICICI Prudential Mutual Fund launches 367 days plan

ICICI Prudential Mutual Fund new issue closes on 24th February

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 55-1 Year Plan D, 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 tenor of the plan is 367 days.

The new issue opens on 23rd February and closes on 24th February. The minimum investment amount is Rs5,000.

CRISIL Composite Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.

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DSP BlackRock Mutual Fund floats FMP-13M-Series 4

DSP BlackRock Mutual Fund new issue closes on 3rd March

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-13M-Series 4, 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 schemes 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 opens on 23rd February and closes on 3rd March. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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BNP Paribas Mutual Fund unveils Fixed Term Fund-Series 21 D

BNP Paribas Mutual Fund new issue closes on 9th March

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 21 D, 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 new issue opens on 23rd February and closes on 9th 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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