SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • NFO News L&T MF introduces FMP - VI (May371D A)

    L&T MF introduces FMP - VI (May371D A)

    -
    May 31, 2012

    L&T Mutual Fund has announced the NFO L&T FMP - VI (May371D A), a close ended income scheme.

    The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of debt / fixed income securities maturing on or before the maturity of the scheme.

    The NFO opens for subscription on May 31, 2012 and closes on Jun 4, 2012. The duration of the scheme is 371 days from the date of allotment. It would mature on 12 June 2013. No entry and exit load charge is applicable for the scheme. The scheme offers dividend payout and growth option. 

    The scheme will be benchmarked against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter.

    The scheme will be managed by Richa Sharma and Hareshwar Karekar.

    Source: Accord Fintech

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.