Taurus Mutual Fund introduces 91 days plan

Taurus Mutual Fund’s new issue opens on 10th February and closes on 14th February

Taurus Mutual Fund has launched Taurus Fixed Maturity Plan Series B, a close-ended income scheme. The tenor of the scheme is 91 days.

The investment objective of the scheme is to generate income with minimum volatility through investments in a portfolio of debt and money market instruments maturing on or before the maturity of the scheme.

The new issue opens on 10th February and closes on 14th February. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Rahul Pal and Pankaj Jain are the fund managers.

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Religare Mutual Fund unveils 13 months plan

Religare Mutual Fund’s new issue opens on 10th February and closes on 17th February

Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series V-Plan A to F-Plan D (13 Months), a close-ended income scheme.

The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.

The new issue opens on 10th February and closes on 17th February. 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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IDBI Mutual Fund floats 367 days plan

IDBI Mutual Fund’s new issue opens on 10th February and closes on 17th February

IDBI Mutual Fund has launched IDBI Fixed Maturity Plan-367 Days Series I (February 2011)-A, a close-ended income scheme.

Each plan under the scheme will endeavour to generate regular income through investments in debt and money market instruments which will mature on or before the maturity date of the respective plan.

The new issue opens on 10th February and closes on 17th February. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Gautam Kaul is the fund manager.
 

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