Principal MF launches 367 days fixed maturity plan

Principal MF new issue closes on 3rd October

Principal Mutual Fund has launched Principal Pnb Fixed Maturity Plan-Series A2, a close-ended income scheme.

The investment objective of the scheme is to build an income oriented portfolio and generate returns through investment in debt/money market instruments and government securities.

The tenure of the Scheme will be 367 days from the date of allotment.

The new issue closes on 3 October 2011. The minimum investment amount is Rs5000.

Crisil Short Term Bond Fund Index will be the benchmark index. Shobit Gupta is the fund manager.

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BNP Paribas MF launches Bnp Paribas Fixed Term Fund-Series 22 e

BNP Paribas MF new issue closes on 13th October

BNP Paribas Mutual Fund has launched Bnp Baribas Fixed Term Fund-Series 22 e.

This is 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 tenure of the scheme is 369 days.

The new issue closes on 13 October 2011. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Alok Singh is the fund manager.

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HDFC Mutual Fund launches HDFC FMP 182D September 2011 (1)

HDFC Mutual Fund new fund offer closes 29th September

HDFC Mutual Fund has launched HDFC FMP 182D September 2011 (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 securities maturing on or before the maturity date. The tenure of the scheme is 182 days.

The new issue closes on 29 September 2011. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Bharat Pareek and Miten Lathia (for overseas investments) is the fund manager.

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