Edelweiss Mutual Fund has launched the NFO of Edelweiss Fixed Maturity Plan- Series 7, a close ended income scheme.
The NFO opens for subscription on June 12, 2012 and closes on June 14, 2012. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5000.
The investment objective of the scheme is to generate regular income through investment in Debt and Money Market Instruments maturing on or before the maturity date of the scheme. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Dhilip Krishna.
Source: Accord Fintech
