Reliance Mutual Fund unveils 368 days plan

Reliance Mutual Fund new issue closes on 28th February

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 1, a close-ended income scheme.

The primary 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 tenor of the plan is 368 days.

The new issue opens on 25th February and closes on 28th February. The minimum investment amount is Rs5,000.

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IDFC Mutual Fund introduces one year plan

IDFC Mutual Fund new issue closes on 28th February

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Yearly Series 39, 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 before the maturity of the scheme. The tenor of the scheme is one year.

The new issue opens on 25th February and closes on 28th February. The minimum investment amount is Rs10,000.

CRISIL Short Term Bond Fund Index is the benchmark index. The fund manager of the scheme is Anupam Joshi.   

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ICICI Prudential Mutual Fund launches six months plan

ICICI Prudential Mutual Fund new issue closes on 8th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan- Series 55-6 Months Plan B, 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 plan is six months.

The new issue opens on 25th February and closes on 8th March. The minimum investment amount is Rs5,000.

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