Religare MF launches new fixed maturity plan

Religare Mutual Fund’s new issue closes on 1st February

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series V-Plan A to F-Plan C (3 Months), 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 normally maturing in line with the duration of the scheme.

The new issue opens on 31st January and closes on 1st February. The minimum investment amount is Rs5,000.

CRISIL Short-Term Bond Fund Index is the benchmark index. Nitish Sikand is the fund manger for the scheme.

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L&T Mutual Fund introduces new plan

L&T Mutual Fund’s new issue closes on 9th February

L&T Mutual Fund has launched L&T FMP-III (January369D 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 new issue opens on 31st January and closes on 9th February. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.

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BNP Paribas MF floats 15 months scheme

BNP Paribas Mutual Fund’s new issue closes on 7th February

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 20 C, 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 fixed income securities maturing on or before the maturity of the scheme. The tenor of the scheme is 15 months.

The new issue opens on 31st January and closes on 7th February. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Alok Singh is the fund manager.

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