Tata MF launches Fixed Tenure Fund Series 2 Scheme B

Tata Mutual Fund new issue closes on 23rd August

Tata Mutual Fund has launched Tata Fixed Tenure Fund Series 2 Scheme B, a close-ended income scheme.

The investment objective of the scheme is to generate income and/or capital appreciation by investing in wide range of debt and money market instruments having maturity in line with the maturity of the schemes. The tenure of the scheme is 369 days.

The new issue closes on 23rd August. The minimum investment amount is Rs10,000.

Crisil Short Term Bond Fund Index is the benchmark index. Murthy Nagarajan is the fund manager.

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DSP BlackRock MF floats 6 months fixed maturity plan

DSP BlackRock Mutual Fund new issue closes on 22nd August

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-6M-Series 11, a close-ended income scheme.

The investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The tenure of the scheme is six months.

The new issue closes on 22nd August. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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Deutsche MF unveils 371 days fixed term fund

Deutsche Mutual Fund new issue closes on 30th August

Deutsche Mutual Fund has launched DWS Fixed Term Fund-Series 89 (DFTF-89), a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme. The tenure of the scheme is 371 days.

The new issue closes on 30th August. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Index is the benchmark index. Kumaresh Ramkrishnan is the fund manager.

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