SBI Mutual Fund unveils Debt Fund Series-36 Months-1

SBI Mutual Fund new issue closes on 31st May

SBI Mutual Fund has launched SBI Debt Fund Series-36 Months-1, 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 new issue closes on 31st May. CRISIL Short Term Bond Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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Religare Mutual Fund launches 180 days fixed maturity plan

Religare Mutual Fund new issue closes on 25th May

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VII-Plan A to F-Plan E (180 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 25th May. 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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Reliance Mutual Fund floats Fixed Horizon Fund-XVIII-Series 12

Reliance Mutual Fund new issue closes on 25th May

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XVIII-Series 12, a close-ended income scheme.

The investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of central and state government securities and other fixed income/debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility. The tenor of the scheme is 181 days.

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

Crisil Short Term Bond Fund Index is the benchmark index. Amit Tripathi is the fund manager.

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