Latest Indian Mutual Fund News | 21-Aug-2013 | UTI, Baroda Pioneer, BOI AXA, DWS



NEW FUND OFFER

1.DWS Fixed Maturity Plan – Series 33 Floats On. NFO period is from 13 August to 20 August 2013

Deutsche Mutual Fund has unveiled a new fund named as DWS Fixed Maturity Plan – Series 33, a 370 days close ended debt fund. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 13 August to 20 August 2013.
The objective of the scheme is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.
The scheme offers regular option and direct option. Direct Plan is only for investors who purchase /subscribe units in a scheme directly with the fund and is not available for investors who route their investments through a distributor.
Dividend payout (regular, monthly, quarterly and annual) and growth are the sub-options offered under the scheme.
The scheme shall invest 100% in domestic debt instruments including government securities, securitized debt and money market instruments.

News Source – NAV INDIA.

2.BOI AXA Fixed Maturity Plan – Series 6 Floats On. NFO period is from 16 August to 21 August 2013

BOI AXA Mutual Fund has launched a new fund named as BOI AXA Fixed Maturity Plan – Series 6, a close-ended income scheme. The New Fund Offer price is Rs 10 per unit. The tenure of the scheme will be 370 days from the date of allotment. The new issue will open for subscription from 16 August to 21 August 2013.
Investment objective: The investment objective of the Scheme(s) is to generate income by investing in a portfolio of fixed income and money market instruments maturing on or before the maturity date of the Scheme.
Options: The scheme offers regular plan and direct plan. Both regular plan and direct plan offer growth option and dividend payout option.

News Source – NAV INDIA.



3.UTI Launches new FMP

UTI Mutual Fund announced the NFO of UTI Fixed Term Income Fund- Series XVI- II (1100 Days). The scheme is available for subscription from August 20, 2013 to August 26, 2013.

News Source – VALUE RESEARCH ONLINE.

4.Baroda Pioneer Mutual Fund files offer document with SEBI for Fixed Maturity Plan – Series D, E, F and G

Baroda Pioneer Mutual Fund has filed offer document with SEBI to launch Baroda Pioneer Fixed Maturity Plan – (Series D, E, F and G), close-ended debt schemes. The New Fund Offer price is Rs 10 per unit.
Entry and exit load charges will be nil for the scheme. The scheme offers dividend payout and growth option. The scheme seeks to collect a Minimum Target Amount of Rs 20 crore.

News Source – INDIAN COMMODITY.

Latest Indian Mutual Fund News | 21-Aug-2013 | UTI, Baroda Pioneer, BOI AXA, DWS
Rate this post

Leave a Comment

Your email address will not be published. Required fields are marked *



Subscribe Updates, Its FREE!

Email ID:



+Admin