Deutsche MF has launched the NFO of DWS Hybrid Fixed Term Fund - Series 8, a close ended income scheme.
The NFO opens for subscription on August 16, 2012 and closes on August 30, 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 MIP Blended Fund Index and its fund managers are Aniket Inamdar and Kumaresh Ramkrishnan.
The investment objective of the scheme is to generate income by investing in fixed income securities maturing on or before the date of the maturity of the scheme and to generate capital appreciation by investing in equity and equity related instruments.
Source : Accord Fintech