IDBI Mutual Fund unveils FMP–90 Days Series I (June 2011)–C
Moneylife Digital Team 10 June 2011

IDBI Mutual Fund new issue closes on 13th June

IDBI Mutual Fund has launched IDBI FMP-90 Days Series I (June 2011)-C, a close-ended income scheme.

The investment objective for each plan(s) under the scheme will be to generate regular income through investments in debt and money market instruments.

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

CRISIL Liquid Fund Index is the benchmark index. Gautam Kaul is the fund manager.

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