Taurus Mutual Fund unveils 91 days fixed maturity plan

Taurus Mutual Fund new issue closes on 24th March

Taurus Mutual Fund has launched Taurus Fixed Maturity Plan Series E (91 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 tenor of the plan is 91 days.

The new issue closes on 24th March. 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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JPMorgan Mutual Fund launches 367 days fixed maturity plan

JPMorgan Mutual Fund new issue closes on 24th March

JPMorgan Mutual Fund has launched JPMorgan India Fixed Maturity Plan 367D Series 1, a close-ended income scheme.

The investment objective of the scheme is to generate income through investments in debt/money market instruments and government of India securities maturing on or before the maturity date of the respective scheme. The tenor of the plan is 367 days.

The new issue closes on 24th March. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Nandkumar Surti and Namdev Chougule are the fund managers.

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ICICI Prudential Mutual Fund floats one year fixed maturity plan

ICICI Prudential Mutual Fund new issue closes on 25th March

ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan-Series 56-1 Year Plan D, a close-ended income scheme.

The investment objective of the plan is to seek to generate regular returns by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the plan under the scheme. The duration of the plan is one year.

The new issue closes on 25th March. The minimum investment amount is Rs5,000.

Crisil Short Term Bond Fund Index is the benchmark index. Chaitanya Pande is the fund manager.

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