DWS launches DWS Fixed Term Fund – Series 77 (DFTF - 77)

Mumbai: DWS Mutual Fund has launched a DWS Fixed Term Fund – Series 77 (DFTF - 77) 370 days close ended scheme. The scheme will invest 100 per cent of total assets in domestic debt instruments including government securities & money market instruments and securitized debts, with a low to medium level of risk profile. The scheme offers two options dividend (Payout) and growth. The minimum application amount is Rs. 5,000, carrying nil entry and exit load. Benchmark index of the scheme is CRISIL Short Term Bond Index.