Tata Mutual Fund floats 368 days fixed maturity plan
Moneylife Digital Team 15 June 2011

Tata Mutual Fund new issue closes on 22nd June

Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 35 Scheme C (368 days maturity), a close-ended income scheme.

The investment objective of the scheme is to generate income and/or capital appreciation by investing in wide range of debt and money market instruments having maturity in line with the maturity of the schemes.

The new issue closes on 22nd June. The minimum investment amount is Rs10,000.

Crisil Short Tern Bond Fund Index is the benchmark index. Murthy Nagarajan is the fund manager.

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