Mirae Asset Mutual Fund launches Mirae Asset Fixed Maturity Plan: Series V Plan 1
On 08 February 2023 by News Team
NFO period: 08th February – 13th February, 2023
Highlights of the NFO:
- Scheme type – A close ended income scheme with tenure 91 days. A relatively low interest rate risk and moderate credit risk
- Investment objective – The investment objective of the scheme is to provide income to the investors through by investing in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
- Product suitability – This product is suitable for investors who are seeking income with capital growth over the tenor of the scheme by investing in debt/ money market instrument/ Govt. securities.
- Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW). The IDCW Option shall have Payout option.
- Fund Manager – Mr. Amit Modani
- Benchmark – NIFTY Liquid Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)