LIC Nomura Mutual Fund unveils Fixed Maturity Plan Series 48

LIC Nomura Mutual Fund new issue closes on 28th July

LIC Nomura Mutual Fund has launched LIC Nomura MF Fixed Maturity Plan Series 48, a close-ended income scheme.

The investment objective of the scheme is to minimise interest rate risk by investing in a portfolio of fixed income securities which mature on or before the date of the maturity of the scheme.

The new issue closes on 28th July. The minimum investment amount is Rs10,000.

CRISIL Short Term Bond Fund Index is the benchmark index. YD Prasanna is the fund manager.

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HDFC Mutual Fund introduces 92 days fixed maturity plan

HDFC Mutual Fund new issue closes on 26th July

HDFC Mutual Fund has launched HDFC FMP 92D July 2011 (3), a close-ended income scheme.

The investment objective of 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 tenure of the scheme is 92 days.

The new issue closes on 26th July. The minimum investment amount is Rs5,000.

Crisil Liquid Fund Index is the benchmark index. Miten Lathia is the fund manager.

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HDFC Mutual Fund unveils 375 days fixed maturity plan

HDFC Mutual Fund new issue closes on 27th July

HDFC Mutual Fund has launched HDFC FMP 375D July 2011 (2), a close-ended income scheme.

The investment objective of 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 tenure of the scheme is 375 days.

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

Crisil Liquid Fund Index is the benchmark index. Miten Lathia is the fund manager.

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