Tata Mutual Fund introduces Fixed Maturity Plan–Series 31 Scheme A

Tata Mutual Fund new issue closes on 21st February

Tata Mutual Fund has launched Tata Fixed Maturity Plan-Series 31 Scheme A, a close-ended income scheme.

The investment objective of the scheme is to generate income and/or capital appreciation by investing in debt and money market instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.

The new issue opens on 15th February and closes on 21st February. The minimum investment amount is Rs10,000.

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Sundaram Mutual Fund launches Fixed Term Plan-AG

Sundaram Mutual Fund new issue closes on 18th February

Sundaram Mutual Fund has launched Sundaram Fixed Term Plan-AG, 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 18th February. The minimum investment amount is Rs5,000.

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Kotak Mahindra Mutual Fund launches 370 days scheme

Kotak Mahindra Mutual Fund new issue closes on 17th February

Kotak Mahindra Mutual Fund has launched Kotak FMP Series 36 (370 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 scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. The tenure of the scheme will be 370 days after the date of allotment of units.

The new issue opens on 15th February and closes on 17th February. The minimum investment amount is Rs5,000.

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