Kotak Mahindra MF introduces 370 days fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 8th June

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 49 (370 Days), a close-ended income scheme.

The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. The tenor of the scheme is 370 days.

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

CRISIL Short Term Bond Index is the benchmark index. Deepak Agrawal and Abhishek Bisen will be the fund managers for the scheme.

User

HDFC Mutual Fund unveils 92 days fixed maturity plan

HDFC Mutual Fund new issue closes on 6th June

HDFC Mutual Fund has launched HDFC FMP 92D June 2011 (1), a close-ended income scheme.

The investment objective of the plans under the scheme is to generate income through investments in debt/money market instruments and government securities maturing on or before the maturity date of the respective plan(s).

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

Crisil Short Term Bond Fund Index is the benchmark index. Miten Lathia is the fund manager.

User

HDFC Mutual Fund floats 370 days fixed maturity plan

HDFC Mutual Fund new issue closes on 7th June

HDFC Mutual Fund has launched HDFC FMP 370D June 2011 (1), a close-ended income scheme.

The investment objective of the plans under the scheme is to generate income through investments in debt/money market instruments and government securities maturing on or before the maturity date of the respective plan(s). The tenor of the scheme is 370 days.

The new issue closes on 7th June. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Miten Lathia is the fund manager.

User

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