Deutsche MF floats 91 days scheme
Moneylife Digital Team 24 January 2011

Deutsche Mutual Fund has launched DWS Fixed Term Fund-Series 79 (DFTF-79), a close-ended income scheme.

The objective of the Fund is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.

The new issue opens on 24th January and closes on 31st January. The minimum investment amount is Rs5,000. The tenor of the scheme is 91 days.

CRISIL Liquid Fund Index is the benchmark index. Kumaresh Ramkrishnan is the fund manager for the scheme.

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