Sundaram Mutual Fund introduces Fixed Term Plan-BC

Sundaram Mutual Fund new issue closes on 10th June

Sundaram Mutual Fund has launched Sundaram Fixed Term Plan-BC, 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 new issue closes on 10th June. The minimum investment amount is Rs5,000.

CRISIL Short term Bond Fund Index is the benchmark index.

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Religare Mutual Fund unveils 13 months fixed maturity plan

Religare Mutual Fund new issue closes on 14th June

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VIII-Plan A to F-Plan B (13 Months), a close-ended income scheme.

The investment objective of the plan 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 14th 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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Birla Sun Life MF floats Short Term FMP-Series 16

Birla Sun Life Mutual Fund new issue closes on 9 June 2011

Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 16, a close-ended income scheme.

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
The new issue closes on 9 June 2011. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Kaustubh Gupta would be the fund manager of the scheme.

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