Kotak Mahindra Mutual Fund launches 370 days plan

Kotak Mahindra Mutual Fund new issue closes on 22nd February

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 37 (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 new issue closes on 22nd February. The minimum investment amount is Rs5,000.

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BNP Paribas Mutual Fund unveils Fixed Term Fund–Series 21 B

BNP Paribas Mutual Fund new issue closes on 23rd February

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 21 B, a close-ended income scheme.

The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme.

The new issue closes on 23rd February. The minimum investment amount is Rs5,000.

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Sundaram Mutual Fund floats fixed term plans

Sundaram Mutual Fund new issue closes on 1st March

Sundaram Mutual Fund has launched Sundaram Fixed Term Plans-AD, AE and AX, a close-ended income scheme.

The objective of the scheme would be to generate income with minimum volatility by investing in debt and money market securities, which mature on or before the maturity of the scheme.

The new issue for plans AD and AE closes on 1st March. The minimum investment amount is Rs5,000. The new issue for plan AX closes on 18th February.

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