Reliance Mutual Fund floats Fixed Horizon Fund-XIX-Series 4

Reliance Mutual Fund new issue closes on 5th May

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 4, 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 on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.

The new issue closes on 5th May. The minimum investment amount is Rs5,000.

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IDFC Mutual Fund unveils 200 days fixed maturity plan

IDFC Mutual Fund new issue closes on 5th May

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-200 Days Series 1, 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 plan is 200 days.

The new issue closes on 5th May. The minimum investment amount is Rs10,000.

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

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Birla Sun Life Mutual Fund floats 1,093 fixed term plan

Birla Sun Life Mutual Fund new issue closes on 11th May

Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series DA, a close-ended income scheme.

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme. The scheme will have duration of 1,093 days.

The new issue closes on 11th May. The minimum investment amount is Rs5,000.

CRISIL Composite Bond Fund Index is the benchmark index. Kaustubh Gupta is the fund manager.

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