Tata MF Introduces Tata Fixed Maturity Plan Series 39 Scheme D (01-Feb-2012)
Tata Mutual Fund has launched the New Fund Offer (NFO) Tata Fixed Maturity Plan Series 39 Scheme D, a close-ended debt scheme.
NFO opens for subscription on February 1, 2012 and closes on February 7, 2012. No entry and exit load charges will applicable for the scheme. The scheme offers dividend payout and growth option. The duration of the scheme is 370 days from the date of allotment of units
The scheme will be benchmark against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 1000. The scheme will be managed by Murthy Nagarajan.
The investment objective of the scheme 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 scheme.
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