Tata Mutual Fund introduces Fixed Maturity Plan Series 56 Scheme B (1105 Days)
Time - 21/09/2018 : 16:49
Tata Mutual Fund has launched the Tata Fixed Maturity Plan Series 56 Scheme B (1105 Days), a close ended debt scheme. The NFO opens for subscription on September 21, 2018 and closes on September 27, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 & in multiples of Re 1 thereafter.
The schemes performance will be benchmarked against Crisil Medium Term Debt Index and its fund manager is Akhil Mittal.
The investment objective of the scheme is to generate income and / or capital appreciation by investing in Fixed Income Instruments having maturity in line with the maturity of the scheme. The maturity of all investments shall be equal to or less than the maturity of the scheme.
