IDBI Mutual Fund introduces 367 days fixed maturity plan

IDBI Mutual Fund new issue closes on 10th June

IDBI Mutual Fund has launched IDBI Fixed Maturity Plan-367 Days Series I (June 2011)–E, a close-ended income scheme.

The investment objective for each plan(s) under the scheme will be to generate regular income through investments in debt and money market instruments.

The new issue closes on 10th June. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Gautam Kaul is the fund manager.

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Edelweiss Mutual Fund unveils Fixed Maturity Plan-91 days-Series 1

Edelweiss Mutual Fund new issue closes on 6th June

Edelweiss Mutual Fund has launched Edelweiss Fixed Maturity Plan-91 days-Series 1, a close-ended income scheme.

The primary investment objective of the scheme is to generate regular income through investment in debt and money market instruments maturing on or before the maturity date of the scheme.

The new issue closes on 6th June. The minimum investment amount is Rs5,000.

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Deutsche Mutual Fund floats Fixed Term Fund-Series 84

Deutsche Mutual Fund new issue closes on 8th June

Deutsche Mutual Fund has launched DWS Fixed Term Fund-Series 84, a close-ended income scheme.

The objective of the Fund is to generate regular income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.

The new issue closes on 8th June. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Index is the benchmark index. Kumaresh Ramkrishnan is the fund manager.

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