JM Financial Mutual Fund launches JM Fixed Maturity Fund Series XXVIII: Plan B

Mutual Fund
Mar 20, 2019 by Advisorkhoj Team | Mutual Fund | 2 Downloaded

NFO period: 20th March – 25th March, 2019

Highlights of the NFO:

  • Scheme type – A close-ended income fund offering fixed maturity plan

  • Investment objective – A close ended income scheme, seeking to generate regular returns and capital appreciation through investments in fixed income securities maturing on or before the date of the maturity of the scheme. There can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking regular fixed income for medium term by investing in Debt and Money Market Instruments and Government Securities.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 10/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth option and Dividend Option (with Payout option only).

  • Fund Managers – Mr. Vikas Agrawal

  • Benchmark – Crisil Short Term Bond Fund Index

  • Maturity period – 1135 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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