Mirae Asset Mutual Fund launches Mirae Asset Fixed Maturity Plan Series III 1122 Days

NFO period: 08^th March – 15^th March, 2019

Highlights of the NFO:

• Scheme type – A close ended income fund


• Investment objective – The investment objective of the scheme is to generate income through investments in debt including money market instruments and government securities maturing on or before the date of maturity of the scheme. There is no assurance that the investment objective of the scheme will be realized. The scheme does not assure or guarantee any returns.


• Product suitability – This product is suitable for investors who are seeking income over by investing time horizon of 1122 days (tenure of the fund) by investing in debt/money market instruments and government securities maturing in or before the date of maturity of the scheme.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


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


• Fund Manager – Mr. Mahendra Jajoo


• Benchmark – Crisil Composite Bond Fund Index


• Maturity period – 1122 days from the date of allotment