SBI Mutual Fund unveils 370 days debt fund series

SBI Mutual Fund new issue closes on 29th March

SBI Mutual Fund has launched SBI Debt Fund Series-370 Days 12, 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 29th March. 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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COMMENTS

Jagdish Raj

6 years ago

Pl tell me something about yours new insurence plan

Religare Mutual Fund launches Fixed Maturity Plan-Series VI-Plan F

Religare Mutual Fund new issue closes on 29th March

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VI-Plan A to F-Plan F (366 Days), 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 date of maturity of the scheme.

The new issue closes on 29th March. The minimum investment amount is Rs5,000. Nitish Sikand is the fund manger for the scheme.

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L&T Mutual Fund floats 90 days fixed maturity plan

L&T Mutual Fund new issue closes on 29th March

L&T Mutual Fund has launched L&T FMP-III (March90D B), 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 90 days.

The new issue closes on 29th March. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.

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