SBI Mutual Fund introduces Debt Fund Series 180 Days 17

SBI Mutual Fund new issue closes on 19th April

SBI Mutual Fund has launched SBI Debt Fund Series 180 Days 17, 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, AAA/AA+ bonds and money market instruments maturing on or before the maturity of the scheme. The new issue closes on 19th April. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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Kotak Mahindra Mutual Fund launches 18 months fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 25th April

Kotak Mahindra Mutual Fund has launched Kotak FMP 18M Series 6, 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 18 months.

The new issue closes on 25th April. The minimum investment amount is Rs5,000.

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

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DSP BlackRock Mutual Fund unveils three months fixed maturity plan

DSP BlackRock Mutual Fund new issue closes on 20th April

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-3M-Series 34, a close-ended income scheme.

The investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the schemes. The tenor of the scheme is three months.

The new issue closes on 20th April. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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