SBI Mutual Fund floats Debt Fund Series-370 Days-14

SBI Mutual Fund new issue closes on 27th April

|SBI Mutual Fund has launched SBI Debt Fund Series-370 Days-14, a close-ended income scheme.

The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising debt instruments such as government securities, PSU & corporate bonds and money market instruments maturing on or before the maturity of the scheme. The tenor of the scheme is 370 days.

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

CRISIL Short Term Bond Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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L&T Mutual Fund unveils 370 days fixed maturity plan

L&T Mutual Fund new issue closes on 5th May

L&T Mutual Fund has launched L&T FMP-III (April370D 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 370 days.

The new issue closes on 5th May. 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 Mutual Fund launches Fixed Term Fund-Series 22 A

BNP Paribas Mutual Fund new issue closes on 3rd May

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 22 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 fixed income securities maturing on or before the maturity of the scheme. The tenor of the scheme is 370 days.

The new issue closes on 3rd May. 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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