Principal Pnb Fixed Maturity Plan – 91 Days – Series XXIII Floats On

Principal Mutual Fund has launched a new fund named as Principal Pnb Fixed Maturity Plan – 91 Days – Series XXIII, a close ended debt scheme offering Fixed Maturity Plan. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 1 September and closes on 8 September 2010.

The investment objective of the scheme is to build an income oriented portfolio and generate returns through investment in debt/money market instruments and government securities.

The scheme offers two options viz. growth and dividend option. The dividend option will have the facility of payout and sweep.

The scheme would allocate up to 100% of assets in debt securities (including securitized debt) & money market instruments and government securities. Investment in securitized debt may be up to 100% of the net assets of the scheme.

Entry and exit load charge will not be applicable for the scheme.

The minimum application amount is Rs 5000 and any amount thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 35 crore under the scheme during the NFO period.

Benchmark index for the scheme is Crisil Liquid Fund Index.

The fund manager of the scheme will be Shobit Gupta.

Source: http://www.indiainfoline.com/Markets/News/Principal-Pnb-Fixed-Maturity-Plan-91-Days-Series-XXIII-Floats-On/3276286783

 

Reliance MF Launches 6 Months FMP

Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund – XV – Series 3, a close ended income scheme. The duration of the scheme is 6 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue opens and closes subscription on 13 August 2010.

The primary investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.

The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate up-to 85% of assets in money market instruments and it would allocate 15% to 100% of assets in Government Securities issued by Central & or State Government & other fixed income/ debt securities including but not limited to Corporate bonds and securitized debt with low to medium risk profile. Debt Securities will also include securitised debt, which may go up to 75% of the portfolio. Average maturity of the securities will be in line with the maturity profile of the scheme.

The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Liquid Fund Index.

The fund manager of the scheme will be Amit Tripathi.

Source: http://www.apollosindhoori.cmlinks.com/MutualFund/MFSnapShot.aspx?opt=9&SecId=10&SubSecId=22,24

 

DWS Fixed Term Fund – Series 70 Floats On

Deutsche Mutual Fund has launched a new fund named as DWS Fixed Term Fund – Series 70, a 370 day close ended debt fund. The New Fund Offer (NFO) price for the scheme is Rs. 10 per unit. The new issue is open for subscription from 28 April and closes on 4 May 2010.

Source: www.karvymfs.com

 

Reliance MF Launches 371 Days Plan

Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund – XV – Series 4, a close ended income scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 26 April and closes on 27 April 2010.

The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central, State Government securities and other fixed income/ debt securities normally maturing in line with the time profile of the scheme with the objective of limiting interest rate volatility.

The duration of the scheme is 371 days from the date of allotment.

The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate up-to 70% of assets in money market instruments and it would allocate 30% to 100% of assets in Government Securities issued by Central & or State Government & other fixed income/ debt securities including but not limited to Corporate bonds and securitized debt with low to medium risk profile. Debt Securities will also include securitised debt, which may go up to 75% of the portfolio. Average maturity of the securities will be in line with the maturity profile of the scheme.

The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.

The fund manager of the scheme will be Amit Tripathi.

Source: http://www.apollosindhoori.cmlinks.com/MutualFund/MFSnapShot.aspx?opt=9&SecId=10&SubSecId=22,24

 

IDFC Fixed Maturity Plan – Quarterly Series 55 – Plan A Floats On

IDFC Mutual Fund has launched a new fund named as IDFC Fixed Maturity Plan – Quarterly Series 55 – Plan A, a close ended income scheme. The scheme shall mature on 22 June 2010. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue is open for subscription from 12 March and closes on 18 March 2010.

The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments maturing before the maturity of the scheme.

The scheme offers two options viz. growth and dividend option.

The scheme will allocate up to 100% of assets in debt and money market instruments with low to medium risk profile. Investment in securitised debt would be up to 50% of net assets of the plan(s). Investments in derivatives, foreign securities and stock lending would be nil.

The minimum application amount is Rs 10000 and in multiples of Rs 10.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 1 crore under the scheme during the NFO period.

Entry load and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.

The scheme will be managed by Mr. Anupam Joshi.

Source: http://profit.ndtv.com/2010/03/12113551/IDFC-Fixed-Maturity-Plan–Qua.html

 

DSP BlackRock FMP – 13 M – Series 2 Floats On

DSP BlackRock Mutual Fund has launched a new fund named as DSP BlackRock FMP – 13 M – Series 2, a close ended income scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 2 March and close on 9 March 2010.

The primary investment objective of the scheme is to seek capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the scheme will invest only in such securities which mature on or before the date of maturity of the scheme. The scheme may also use fixed income derivatives for hedging and portfolio balancing.

The duration of the scheme is 13 months from the date of allotment.

The scheme offers two options viz. growth and dividend payout option.

The scheme will allocate up to 100% of assets in debt securities with medium risk profile. It would further invest up to 100% of assets in money market instruments with low to medium risk profile. Debt instruments may include securitized debts up to 100% of the net assets and fixed income derivatives up to 100% of the net assets.

The minimum application amount is Rs 10000 and in multiples of Rs 10 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 10 crore under the scheme during the NFO period.

Entry load and exit load charge will be nil for the scheme. Units of the scheme will be listed on the National Stock Exchange of India (NSE).

Benchmark Index for the scheme is CRISIL Liquid Fund Index.

Source: http://profit.ndtv.com/2010/03/01113655/DSP-BlackRock-FMP–13-M–Ser.html

 

SBI Debt Fund Series – 15 Months Fund – 5 Floats On

SBI Mutual Fund has launched a new fund named as SBI Debt Fund Series – 15 Months Fund – 5, a close ended debt scheme. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 2 March and close on 8 March 2010.

The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

The scheme offers two options viz. growth and dividend payout option.

The scheme will invest in Government of India dated Securities and Treasury Bills, PSU & Corporate Bonds/Debt Instruments. Investment in Money Market instruments would be up to 100%. Exposure to securitized debt may be to the extent of 40% of the net assets.

The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter.

Entry load and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Short Term Bond Fund Index.

Source: http://profit.ndtv.com/2010/03/01145655/SBI-Debt-Fund-Series–15-Mont.html