Religare Mutual Fund introduces 367 days fixed maturity plan

Religare Mutual Fund new issue closes on 1st June

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VII-Plan A to F-Plan F (369 Days), a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in debt and money market instruments maturing on or before the date of maturity of the scheme.

The new issue closes on 1st June. 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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Kotak Mahindra Mutual Fund launches 272 days fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 2nd June

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 48 (272 Days), a close-ended income scheme.

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The tenor of the scheme is 272 days. The new issue closes on 2nd June.

CRISIL Short Term Bond Index is the benchmark index. Deepak Agrawal and Abhishek Bisen are the fund managers.

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COMMENTS

ritesh jain

6 years ago

good investment concept

ICICI Pru Mutual Fund unveils six months fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 31st May

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 55-6 Months Plan D, a close-ended income scheme.

The investment objective of the plan is to generate regular returns by investing in 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 closes on 31st May. 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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