SBI Mutual Fund introduces Debt Fund Series 180 Days-21

SBI Mutual Fund new issue closes on 16th August

SBI Mutual Fund has launched SBI Debt Fund Series 180 Days-21, 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 tenure of the scheme is 180 days.

The new issue closes on 16th August. 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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IDFC Mutual Fund floats 1 year fixed maturity plan

IDFC Mutual Fund new issue closes on 22nd August

IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Yearly Series 46, 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 maturity of the scheme. The tenure of the scheme is one year.

The new issue closes on 22nd August. The minimum investment amount is Rs10,000.

Crisil Short Term Bond Fund Index is the benchmark index. Anupam Joshi is the fund manager.

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DSP BlackRock MF launches 12 months fixed maturity plan

DSP BlackRock MF new issue closes on 16th August

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-Series 6-12M, a close-ended income scheme.

The investment objective of the scheme is to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The tenure of the scheme is 12 months.

The new issue closes on 16th August. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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