Religare Mutual Fund unveils 370 days fixed maturity plan

Religare Mutual Fund new issue closes on 21st March

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VI-Plan A to F-Plan D (370 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 21st March. The minimum investment amount is Rs5,000.

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Reliance Mutual Fund launches Fixed Horizon Fund-XIX-Series 13

Reliance Mutual Fund new issue closes on 24th March

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 13, 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 new issue closes on 24th March. The minimum investment amount is Rs5,000.

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Kotak Mahindra Mutual Fund unveils 368 days fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 21st March

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 42 (368 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 scheme will invest in debt and money market securities, maturing on or before maturity of the scheme.

The new issue closes on 21st March. The minimum investment amount is Rs5,000.

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