Deutsche Mutual Fund new issue closes on 22nd June
Deutsche Mutual Fund has launched DWS Fixed Term Fund-Series 85 (DFTF-85), 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 tenor of the The new issue closes on 22nd June. The minimum investment amount is Rs5,000.
CRISIL Short Term Bond Index is the benchmark index. Kumaresh Ramkrishnan is the fund manager.
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