Fund News

Fixed Maturity Plans

FMPs on offer for risk averse investors

Here are the details of a few FMPs which are on offer right now:
JM Fixed maturity Fund- Series XI- Yearly Plan

Offer Opens: May 26, 2008
Offer Closes: 3rd June, 2008
Type: Close Ended Income fund
Duration: 375 Days
Entry load: Nil
Exit load: 2% during specified redemption period; 3% For Redemption on all business days other than Specified Redemption Period

DWS Fixed Income Fund- Series 51
Offer Opens: May 26, 2008
Offer Closes: June 05, 2008
Duration: 370 Days
Type: Close Ended Debt Fund
Fund Manager: Suresh Soni
Entry Load: Nil
Exit Load: 2% if redeemed before maturity.

HDFC Fixed Maturity Plan Series VIII 90D June 2008
Issue Opens: June 4, 2008
Issue Closes: June 9, 2008
Tenure: 90 Days
Type: Close-Ended Income Scheme

Entry load: Nil
Exit Load: 0.75%, if redeemed before maturity.


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