Reliance Mutual Fund launches Fixed Horizon Fund-XX-Series 19

Reliance Mutual Fund new issue closes on 9th June

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XX-Series 19, a close-ended income scheme. The tenor of the scheme is 367 days.

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 9th June. 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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ICICI Pru MF introduces Fixed Maturity Plan-Series 55-1 Year Plan H

ICICI Prudential Mutual Fund new issue closes on 15th June

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 55-1 Year Plan H, a close-ended income scheme.

The investment objective of the plan is to seek 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 new issue closes on 15th June. 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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Baroda Pioneer Mutual Fund unveils 90 days fixed maturity plan

Baroda Pioneer Mutual Fund new issue closes on 8th June

Baroda Pioneer Mutual Fund has launched Baroda Pioneer 90 Day Fixed Maturity plan-Series 2, a close-ended income scheme.

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

The new issue closes on 8th June. The minimum investment amount is Rs5,000.

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