Latest Indian Mutual Fund News | 10-May-2014

1.UTI-Fixed Term Income Fund – Series XIX files offer document with SEBI

UTI Mutual Fund has filed offer document with Sebi to launch UTI-Fixed Term Income Fund – Series XIX-I-XX, a close-ended income scheme. The New Fund Offer price is Rs 10 per unit.

News Source – Nav India

GENERAL

2.Franklin Templeton MF Announces Introduction of facility for subscription and redemption of units through stock exchange infrastructure

Franklin Templeton Mutual Fund announces introduction of facility for subscription and redemption of the units of Franklin India Banking & PSU Debt Fund and Franklin India Feeder – Franklin European Growth Fund through the infrastructure of the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE), with effect from 09 May 2014.

News Source – Nav India

NEW FUND LAUNCH

3.Reliance Fixed Horizon Fund – XXVI – Series 22 Floats On

Reliance Mutual Fund launches a new fund named as Reliance Fixed Horizon Fund – XXVI – Series 22, a close ended income scheme with the duration of 369 days from the date of allotment. During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit. The new issue will be open for subscription from 09 May to 12 May 2014.



News Source – Nav India

4.Reliance Fixed Horizon Fund – XXVI – Series 21 Floats On

Reliance Mutual Fund launches a new fund named as Reliance Fixed Horizon Fund – XXVI – Series 21, a close ended income scheme with the duration of 1112 days from the date of allotment. During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit. The new issue will be open for subscription from 09 May to 12 May 2014.

News Source – Nav India

5.Reliance Close Ended Equity Fund II – Series A Floats On

Reliance Mutual Fund launches a new fund named as Reliance Close Ended Equity Fund II – Series A, a close ended equity oriented scheme. During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit. The tenure of the scheme shall be 5 years from the date of allotment. The new issue will remain open for subscription from 09 May to 23 May 2014.

News Source – Nav India

6.Deutsche MF launches the New Fund Offer of DWS FMP- Series 69 (DFMP-69)

Deutsche Mutual Fund has launched the New Fund Offer (NFO) of DWS Fixed Maturity Plan- Series 69 (DFMP-69), a close ended income scheme. The NFO opens for subscription on May 09, 2014, and closes on May 19, 2014. No entry load or exit load will be applied for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 10 thereafter.

News Source – Live mint

Latest Indian Mutual Fund News | 10-May-2014
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