SBI Mutual Fund unveils SBI Debt Fund Series–15 Months–6

SBI Mutual Fund has launched SBI Debt Fund Series-15 Months-6, 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 opens on 27th January and closes 3rd February. 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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Pramerica MF floats Short Term Income Fund

Pramerica Mutual Fund’s new issue opens on 27th January and closes on 3rd February. The minimum investment amount is Rs5,000

Pramerica Mutual Fund has launched Pramerica Short Term Income Fund, an open-ended income scheme.

The objective of the scheme is to generate regular returns with moderate level of risk by investing primarily into a portfolio of debt securities and money market instruments of short term maturity.

The new issue opens on 27th January and closes on 3rd February. The minimum investment amount is Rs5,000.

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Deutsche MF launches DWS Hybrid Fixed Term Fund-Series 2

Deutsche Mutual Fund’s new issue opens on 27th January and closes on 10th February. The minimum investment amount is Rs5,000

Deutsche Mutual Fund has launched DWS Hybrid Fixed Term Fund-Series 2, a close-ended income scheme.

The objective of the fund is to generate income by investing in high quality fixed income securities maturing on or before the date of the maturity of the scheme and to generate capital appreciation by investing in equity and equity related instruments. The tenor of the fund is three years.

The new issue opens on 27th January and closes on 10th February. The minimum investment amount is Rs5,000.

CRISIL MIP Blended Fund Index is the benchmark index. Aniket Inamdar and Nitish Gupta are the fund managers.

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