SBI Mutual Fund introduces SBI Debt Fund Series 90 Days-45

SBI Mutual Fund new issue closes on 27th June

SBI Mutual Fund has launched SBI Debt Fund Series 90 Days-45, a close-ended income scheme.

The investment objective of the scheme 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 tenure of the scheme is 90 days.

The new issue closes on 27th June. 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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Religare Mutual Fund unveils 371 days fixed maturity plan

Religare Mutual Fund new issue closes on 27th June

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VIII-Plan A to F-Plan E (371 Days), a close-ended income scheme.

The investment objective of the scheme 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 tenure of the scheme is 371 days.

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

CRISIL Short-Term Bond Fund Index is the benchmark index. Nitish Sikand is the fund manger for the scheme.

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COMMENTS

akghosh

5 years ago

PL LET ME KNOW ABOUT UR FMP VERY URGENT PL

Kotak Mahindra MF launches 370 days fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 28th June

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 52 (370 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 tenure of the scheme is 370 days.

The new issue closes on 28th June. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Index is the benchmark index. Deepak Agrawal and Abhishek Bisen are the fund managers.

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