Religare Mutual Fund has launched the NFO of Religare Fixed Maturity Plan - Series XV - Plan A (180 Days), a close ended income scheme.
The NFO opens for subscription on June 5, 2012 and closes on June 6, 2012. No entry load or exit load is applicable for the scheme. The minimum subscription amount is Rs. 5000 and multiples of Rs.10 thereafter.
The Scheme’s performance will be benchmarked against CRISIL Short-Term Bond Fund Index and its fund manager is Nitish Sikand.
The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the Scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Source: Accord Fintech
