Reliance Mutual Fund floats 91 days fixed horizon fund

Reliance Mutual Fund new issue closes on 22nd March

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XVIII-Series 5, a close-ended income scheme.

The investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/debt securities maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility. The tenor of the scheme is 91 days.

The new issue closes on 22nd March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Amit Tripathi is the fund manager.

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IDFC Mutual Fund unveils one month fixed maturity plan

IDFC Mutual Fund new issue closes on 23rd March

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Monthly Series 30, a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme. The tenor of the scheme is one month.

The new issue closes on 23rd March. The minimum investment amount is Rs10,000.

Crisil Liquid Fund Index is the benchmark index. Anupam Joshi is the fund manager.

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Canara Robeco Mutual Fund launches Fixed Maturity Plan-Series 6-13 Months (Plan B)

Canara Robeco Mutual Fund new issue closes on 24th March

Canara Robeco Mutual Fund has launched Canara Robeco Fixed Maturity Plan-Series 6-13 Months (Plan B), a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.

The new issue closes on 24th March. The minimum investment amount is Rs5,000.

CRISIL Short-Term Bond Fund Index is the benchmark index. Suman Prasad is the fund manager.

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