Reliance Mutual Fund unveils Fixed Horizon Fund-XIX-Series 12

Reliance Mutual Fund new issue closes on 28th April

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 12, a close-ended income scheme.

The investment objective of the scheme is to seek 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 scheme is 368 days.

The new issue closes on 28th April. 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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L&T Mutual Fund launches 180 days fixed maturity plan

L&T Mutual Fund new issue closes on 27th April

L&T Mutual Fund has launched L&T FMP-III (April 180D A), 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 debt/fixed income securities maturing on or before the maturity of the scheme. The tenor of the plan is 180 days.

The new issue closes on 27th April. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.

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ICICI Prudential Mutual Fund unveils 367 days fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 28th April

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 56-1 Year Plan E, 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 tenure of the plan is 367 days.

The new issue closes on 28th April. 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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