Religare Mutual Fund launches Fixed Maturity Plan-Series VI-Plan F

Religare Mutual Fund new issue closes on 29th March

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VI-Plan A to F-Plan F (366 Days), 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 on or before the date of maturity of the scheme.

The new issue closes on 29th March. The minimum investment amount is Rs5,000. Nitish Sikand is the fund manger for the scheme.

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L&T Mutual Fund floats 90 days fixed maturity plan

L&T Mutual Fund new issue closes on 29th March

L&T Mutual Fund has launched L&T FMP-III (March90D B), 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 90 days.

The new issue closes on 29th March. 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 one year fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 29th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 54-1 Year Plan A, 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 which mature on or before the date of maturity of the plan. The tenor of the plan is one year.

The new issue closes on 29th March. 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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