L&T Mutual Fund has announced the NFO L&T FMP - VI (June91D A) is a close ended income scheme.
The NFO opens for subscription on June 8, 2012 and closes on June 11, 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 Liquid Fund Index. The minimum application amount is Rs 5,000 and in multiples of Rs 10 thereafter. The scheme will be managed Richa Sharma and Hareshwar Karekar
The primary 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.
Source: Accord Fintech
