Taurus Mutual Fund launches 370 days fixed maturity plan

Taurus Mutual Fund new issue closes on 14th June

Taurus Mutual Fund has launched Taurus Fixed Maturity Plan Series G (370 Days), a close-ended income scheme.

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 closes on 14th June. The minimum investment amount is Rs5,000.

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SBI Mutual Fund floats Debt Fund Series-90 Days-44

SBI Mutual Fund new issue closes on 13th June

SBI Mutual Fund has launched SBI Debt Fund Series-90 Days-44, a close-ended income scheme.

The investment objective of the plan is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as government securities, PSU & corporate bonds and money market instruments maturing on or before the maturity of the scheme.

The new issue closes on 13th June. The minimum investment amount is Rs5,000.

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JP Morgan Mutual Fund introduces JF ASEAN Equity Off-shore Fund

JP Morgan Mutual Fund new issue closes on 13th June

JPMorgan Mutual Fund has launched JPMorgan JF ASEAN Equity Off-shore Fund, an open-ended funds of funds-overseas.

The investment objective of the scheme is to provide long term capital growth by investing predominantly in JPMorgan Funds-JF ASEAN Equity Fund, an equity fund which invests primarily in companies of countries which are members of the Association of South East Asian Nations (ASEAN).

The new issue closes on 13th June. The minimum investment amount is Rs5,000.

Morgan Stanley Capital International (MSCI) South East Asia Index (Total Return Net) is the benchmark index. Namdev Chougule is the fund manager of the Scheme.

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