L&T Mutual Fund introduces 366 days fixed maturity plan

L&T Mutual Fund new issue closes on 21st March

L&T Mutual Fund has launched L&T FMP-III (March366D A), 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 debt/fixed income securities maturing on or before the maturity of the scheme.

The new issue closes on 21st March. Since the plan will be listed on the stock exchange, no exit load will be charged. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.

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ICICI Prudential Mutual Fund floats 367 days fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 15th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 56-1 Year Plan A, a close-ended income scheme.

The investment objective of the plan is 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 tenure of the scheme is 367 days.

The new issue closes on 15th 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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ICICI Prudential Mutual Fund unveils 182 days fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 18th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 55-6 Months Plan C, a close-ended income scheme.

The investment objective of the plan is 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 tenor of the scheme is 182 days.

The new issue closes on 18th 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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