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Tata MF introduces Tata Fixed Maturity Plan Series 27-Scheme B

Time - 07/09/2010 : 11:32

Tata Mutual Fund has announced the New Fund Offer (NFO) of Tata Fixed Maturity Plan Series 27-Scheme B, a close-ended debt scheme.

The NFO opens for subscription on September 7, 2010 and closes on September 14, 2010. No entry and exit load is applicable. The tenure has been fixed as 366 days from the date of allotment.

The scheme will be benchmarked against CRISIL Short Term Bond Fund Index.

The investment objective of the schemes is to generate income and / or capital appreciation by investing in wide range of Debt and Money Market instruments having maturity in line with the maturity of the respective schemes. The maturity of all investments shall be equal to or less than the maturity of respective schemes.

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