Deutsche Mutual Fund has launched the NFO of DWS Fixed Maturity Plan - Series 19 (DFMP - 19), a close ended income scheme.
The NFO opens for subscription on June 26, 2012 and closes on June 26, 2012. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs. 5000.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Index and its fund manager is Kumaresh Ramkrishnan.
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. There can be no assurance that the investment objective of the scheme will be realized.
Source: Accord FIntech