New Mutual Funds from Aditya Birla and Kotak Mahindra – Close Ended

ADITYA BIRLA SUN LIFE MUTUAL FUND
Scheme Name Aditya Birla Sun Life Fixed Term Plan – Series PV (1462 days)
Objective of Scheme The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration of the scheme.
Scheme Type Close Ended
Scheme Category Income
New Fund Launch Date 10-May-2018
New Fund Offer Closure Date 16-May-2018
Indicate Load Seperately “Entry Load: Nil Exit Load: Nil No redemption/repurchase of units shall be allowed prior to the maturity of the scheme. Investors wishing to exit may do so through stock exchange mode.”
Minimum Subscription Amount ₹ 1,000 and in multiples of ₹ 10 thereafter
For Further Details Please Visit Website https://mutualfund.adityabirlacapital.com

 

KOTAK MAHINDRA MUTUAL FUND
Scheme Name Kotak FMP Series 226
Objective of Scheme The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reducing the interest rate risk. The Scheme will invest in debt and money market securities, maturing on or before maturity of the scheme. There is no assurance that the investment objective of the Scheme will be achieved.
Scheme Type Close Ended
Scheme Category Income
New Fund Launch Date 10-May-2018
New Fund Offer Closure Date 14-May-2018
Indicate Load Seperately  
Minimum Subscription Amount ₹ 5,000
For Further Details Please Visit Website assetmanagement.kotak.com

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