Deutsche MF introduces DWS Fixed Maturity Plan - Series 2
Time - 02/02/2012 : 12:49
Deutsche Mutual Fund has launched the New Fund Offer (NFO) DWS Fixed Maturity Plan - Series 2, 18 months close ended debt fund.
The NFO opens for subscription on February 2, 2012 and closes on February 7, 2012. No entry and exit load charges is applicable for the scheme. The scheme offers dividend payout and growth option. The duration of the scheme is 18 months from the date of allotment of units
The scheme will be benchmark against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter.
The scheme will be managed by Kumaresh Ramakrishnan.
The investment objective of the scheme is to generate regular income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.
