Tata Mutual Fund floats 370 days fixed maturity plan

Tata Mutual Fund new issue closes on 6th June

Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 35 Scheme B (370 days maturity), 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 scheme.

The new issue closes on 6th June. The minimum investment amount is Rs10,000.

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

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Religare Mutual Fund introduces 367 days fixed maturity plan

Religare Mutual Fund new issue closes on 1st June

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series VII-Plan A to F-Plan F (369 Days), 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 maturity of the scheme.

The new issue closes on 1st 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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Kotak Mahindra Mutual Fund launches 272 days fixed maturity plan

Kotak Mahindra Mutual Fund new issue closes on 2nd June

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 48 (272 Days), a close-ended income scheme.

The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to significantly reduce the interest rate risk. The tenor of the scheme is 272 days. The new issue closes on 2nd June.

CRISIL Short Term Bond Index is the benchmark index. Deepak Agrawal and Abhishek Bisen are the fund managers.

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COMMENTS

ritesh jain

6 years ago

good investment concept

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