IDFC Mutual Fund new issue closes on 21st February
IDFC Mutual Fund has launched IDFC Infrastructure Fund, a close-ended income scheme.
The investment objective of the scheme is to generate long-term capital growth through an active diversified portfolio of predominantly equity and equity related instruments of companies that are participating in and benefiting from growth in Indian infrastructure and infrastructural related activities.
The new issue closes on 21st February. The minimum amount of investment is Rs5,000.
DSP BlackRock Mutual Fund new issue closes on 14th February
DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-12M-Series 14, a close-ended income scheme.
The primary investment objective of the schemes is to seek capital appreciation by investing in 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 8th February and closes on 14th February. The minimum investment amount is Rs10,000.
Birla Sun Life Mutual Fund new issue closes on 17th February
Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series CP, a close-ended income scheme.
The scheme seeks to generate income by investing in fixed income securities maturing on or before the duration of the scheme.
The new issue opens on 8th February and closes on 17th February. The minimum investment amount is Rs5,000.