Deutsche MF has launched the NFO of DWS Fixed Maturity Plan - Series 16 (DFMP - 16), a close ended income scheme.
The NFO opens for subscription on September 12, 2012 and closes on September 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.
Source : Accord Fintech
