Deutsche Mutual Fund has launched the NFO DWS Fixed Maturity Plan - Series 14, 370 days close ended debt fund.
The NFO opens for subscription on May 24, 2012 and closes on May 30, 2012. 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 multiple of Rs 1 thereafter
The fund manager of the scheme will be Kumaresh Ramakrishnan.
The investment objective of the scheme is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.
