JPMorgan Mutual Fund launches 367 days fixed maturity plan

JPMorgan Mutual Fund new issue closes on 24th March

JPMorgan Mutual Fund has launched JPMorgan India Fixed Maturity Plan 367D Series 1, a close-ended income scheme.

The investment objective of the scheme is to generate income through investments in debt/money market instruments and government of India securities maturing on or before the maturity date of the respective scheme. The tenor of the plan is 367 days.

The new issue closes on 24th March. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Nandkumar Surti and Namdev Chougule are the fund managers.

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ICICI Prudential Mutual Fund floats one year fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 25th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 56-1 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 duration of the plan is one year.

The new issue closes on 25th March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.

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Birla Sun Life Mutual Fund unveils 368 days fixed term plan

Birla Sun Life Mutual Fund new issue closes on 24th March

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

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme will have duration of 368 days.

The new issue closes on 24th March. 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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