Tata Mutual Fund floats 368 days fixed maturity plan

Tata Mutual Fund new issue closes on 18 May 2011

Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 34 Scheme B (368 days Maturity), a close-ended income scheme.

The investment objective of the schemes 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 respective schemes. The maturity of all investments shall be equal to or less than the maturity of respective schemes.

The new issue closes on 18 May 2011. The minimum investment amount is Rs10,000

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L&T Mutual Fund launches 90 days fixed maturity plan

L&T Mutual Fund new issue closes on 11 May 2011

L&T Mutual Fund has launched L&T FMP-III (May90D A), a close-ended income scheme.

The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of debt/fixed income securities maturing on or before the maturity of the scheme.

The new issue closes on 11 May 2011. The minimum investment amount is Rs5,000.

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Mouthshut.com launches Dealface.com

Dealface.com offers daily deals in which people can score reduced prices and discounts on luxury and lifestyle products

Mouthshut.com enters the daily deal segment with the launch of dealface.com today. Dealface.com is a website that provides deals on the best of brands available. This site aims at complete consumer satisfaction and is designed to ensure great deals for people from all segments.

As it is popular in the West, Indian consumers too have begun to window shop on websites for best deals on brands. It is always a threat that the credit card or payment details may get misused while purchasing online. Hence dealface.com has come out as a great solvent for many online shoppers as it is powered by Mouthshut.com's highly secure technology, where consumers can be assured of their purchase details being highly safe and extremely easy to use.

Dealface.com offers daily deals in which people can score reduced prices and discounts on luxury and lifestyle products. Real genuine, discounted deals are available on spas, dance classes, health checkups, car service, restaurants, spiritual healing and even teeth cleanings to start with. Dealface.com plans to expand all over India by Dec 2011

Faisal Farooqui, CEO DealFace.com said; "For years mouthshut.com members asked us for an online purchase options. Our deals are hunted by people who themselves have a tight budget but still aspire to buy the best value for their money. Dealface.com is the right way to cash on the best bargains in town. Our experience with MouthShut.com has given us enough reasons to make sure that the deals are always genuine. No gimmicks and no tricks."
Although not the first to be launched in the deal segment, dealface.com is unique - their deal hunters are average shoppers who bring the deals and post it on dealface.com

Dealface.com then collects the money on behalf of merchant and issues a voucher code on SMS and email. The customers can then go and avail the product or service from the merchant- by just showing this code. DealFace.com brings to you a whole new world of exciting offers to help you enjoy the luxuries of life without burning a hole in our pocket.

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