JM Financial MF floats 367 days fixed maturity fund

JM Financial Mutual Fund new issue closes on 2nd August

JM Financial Mutual Fund has launched JM Fixed Maturity Fund-Series XX-Plan A (JM FMF-XX-A), a close-ended income scheme.

The investment objective of the scheme is to generate regular returns through investments in fixed income securities maturing on or before the date of the maturity of the scheme. The tenure of the scheme is 367 days.

The new issue closes on 2nd August. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Index is the benchmark index. Shalini Tibrewala is the fund manager.

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Birla Sun Life MF unveils Short Term FMP-Series 19

Birla Sun Life Mutual Fund new issue closes on 27th July

Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 19, a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The tenure of the scheme is 180 days.

The new issue closes on 27th July. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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Birla Sun Life MF floats 369 days fixed term plan

Birla Sun Life MF new issue closes on 3rd August

Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series DI, a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The tenure of the scheme is 369 days.

The new issue closes on 3rd August. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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