Sundaram Mutual Fund floats Fixed Term Plan-AU

Sundaram Mutual Fund new issue closes on 27 May 2011

Sundaram Mutual Fund has launched Sundaram Fixed Term Plan-AU, a close-ended income scheme.

The objective of the scheme would be to generate income with minimum volatility by investing in debt and money market securities, which mature on or before the maturity of the scheme. The tenor of the scheme is 18 months.

The new issue closes on 27 May 2011. The minimum investment amount is Rs5,000.

CRISIL Short-Term Bond Fund Index is the benchmark index. Dwijendra Srivastava is the fund manager.

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HDFC Mutual Fund unveils 92 days fixed maturity plan

HDFC Mutual Fund new issue closes on 25 May 2011

HDFC Mutual Fund has launched HDFC FMP 92D May 2011 (1), 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 tenor of the plan is 92 days.

The new issue closes on 25 May 2011. 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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HDFC Mutual Fund unveils 370 days fixed maturity plan

HDFC Mutual Fund new issue closes on 25 May 2011

HDFC Mutual Fund has launched HDFC FMP 370D May 2011 (1), 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 tenor of the plan is 370 days.

The new issue closes on 25 May 2011. 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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