SBI Mutual Fund introduces Debt Fund Series 367 Days-2

SBI Mutual Fund new issue closes on 20th June

SBI Mutual Fund has launched SBI Debt Fund Series 367 Days-2, 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 of 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 20th June. 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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HDFC Mutual Fund launches 370 days fixed maturity plan

HDFC Mutual Fund new issue closes on 22nd June

HDFC Mutual Fund has launched HDFC FMP 370D June 2011 (3), a close-ended income scheme.

The investment objective of the plans under the scheme is to generate income through investments in debt/money market instruments and government securities maturing on or before the maturity date of the respective plan(s).

The new issue closes on 22nd June. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Miten Lathia is the fund manager.

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Edelweiss MF unveils 91 days fixed maturity plan

Edelweiss Mutual Fund new issue closes on 22nd June

Edelweiss Mutual Fund has launched Edelweiss Fixed Maturity Plan-91 days-Series 2, a close-ended income scheme.

The investment objective of the scheme is to generate regular income through investment in debt and money market instruments maturing on or before the maturity date of the scheme.

The new issue closes on 22nd June. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Kapil Punjabi will be the fund manager of the scheme.

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