Indiabulls
Mutual Fund has launched its open ended debt fund, Indiabulls Short Term Fund.
The NFO of the scheme opens on August 22, 2013 and closes on September 3, 2013.
The scheme aims to generate stable returns by investing in a mixed portfolio of
debt and money market instruments.
The
scheme will be benchmarked against CRISIL Short Term Bond Fund Index. The
minimum application amount will be Rs 5000. The fund will charge an exit load
of 0.25% if redeemed within 30 days from the date of allotment. No exit load
will be charged thereafter. Raju Sharma, Head Fixed Income, will manage the
fund.
Meta
tags: indiabulls mutual fund, crisil
short term bond fund, indiabulls short term fund, nfo, exit load, raju sharma.
Like what you are reading?
Login to get instant access to this article and many other such articles on business
development, success stories and industry updates.
Don't worry ... it's FREE!
