Peerless MF has launched the NFO of PEERLESS FLEXIBLE INCOME FUND, an open ended income scheme.
The NFO opens for subscription on August 16, 2012 and closes on August 17, 2012. No entry load will be applicable for the scheme; exit load will be 0.5% before 15 days.
The minimum subscription amount is Rs. 20 crore.
The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Ganti N Murthy.
The investment objective of the scheme is to generate reasonable returns commensurate with the risk taken by active duration management of the portfolio, while maintaining liquidity through a portfolio of debt & money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
Source : Accord Fintech
