Deutsche MF has launched the NFO DWS Hybrid Fixed Term Fund - Series 9, 3 years close ended debt fund.
NFO opens for subscription on September 10, 2012 and closes on September 24, 2012. Entry and exit load charge will be nil for the scheme. The duration of the scheme will be 3 years from the date of allotment. The scheme offers growth payout and growth option.
The scheme will be benchmarked against CRISIL MIP Blended Fund Index. The minimum application amount is Rs 5000 and in multiple of Rs 1 thereafter.
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