Tata Mutual Fund introduces 736 days fixed maturity plan

Tata Mutual Fund new issue closes on 11th July

Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 32 (736 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 tenure of the scheme is 736 days.

The new issue closes on 11th July. 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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Reliance Mutual Fund floats Fixed Horizon Fund-XIX-Series 21

Reliance Mutual Fund new issue closes on 11th July

Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 21, a close-ended income scheme.

The investment objective of the scheme is to generate regular returns and growth of capital by investing in government securities and other fixed income/debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility. The tenure of the scheme is 727 days.

The new issue closes on 11th July. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund    Index is the benchmark index. Amit Tripathi is the fund manager.

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BNP Paribas MF unveils Fixed Term Fund-Series 22 B

BNP Paribas Mutual Fund new issue closes on 11th July

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 22 B, 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 fixed income securities maturing on or before the maturity of the scheme. The tenure of the scheme is 369 days.

The new issue closes on 11th July. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Alok Singh is the fund manager.

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