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Sun F&C Launches QFMP1

SUN F&C Mutual Fund is launching Quarterly Fixed Maturity Plan - 1 (QFMP-1) under the Quarterly Series of Fixed Maturity Series. The Fixed Subscription Period (FSP) of QFMP-1 will be from August 30, 2002 to September 5, 2002. Fresh Units may be subscribed to at the Applicable NAV during the Fixed Subscription Period. There is no Entry Load. The scheme will mature on November 28, 2002.