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MF Weekly: ICICI Pru Mutual Fund introduces Value Fund-Series 13 - IndiaNotes.com
MF Weekly: ICICI Pru Mutual Fund introduces Value Fund-Series 13
SMC | Published: 25 Apr, 2017  | Source : IndiaNotes.com

Highlights:


ICICI Pru Mutual Fund introduces Value Fund-Series 13


ICICI Prudential Mutual Fund has launched the ICICI Prudential Value Fund-Series 13, a close ended growth scheme. The NFO opens for subscription on April 25, 2017 and closes on May 09, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000. The scheme’s performance will be benchmarked against S&P BSE 500 Index and its fund managers are Sankaran Naren, George Heber Joseph, and Ihab Dalwai. The investment objective of the scheme is to provide capital appreciation by investing in a welldiversified portfolio of stocks through fundamental analysis


ICICI Prudential Mutual Fund has filed offer document with SEBI to launch ICICI Prudential Fixed Maturity Plan - Series 81


ICICI Prudential Mutual Fund has filed offer document with SEBI to launch a Close - Ended Debt Fund scheme as “ICICI Prudential Fixed Maturity Plan - Series 81”. The New Fund Offer price is Rs 10 per unit. Entry load and Exit Load will be nil for the scheme. The investment objective of the Plans under the Scheme is to seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Plans under the Scheme


Reliance Mutual Fund introduces Fixed Horizon Fund XXXIII-Series 9


Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXXIII-Series 9, a close ended income scheme. The NFO opens for subscription on April 13, 2017 and closes on April 27, 2017. The investment objective of the scheme is to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility of Central and State Government securities and other fixed income/ debt securities.


UTI Mutual Fund introduces FTIF Series XXVI-XII (1096 Days)


UTI Mutual Fund has launched the UTI FTIF Series XXVI-XII (1096 Days), a close ended income scheme. The NFO opens for subscription on April 20, 2017 and closes on April 27, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000. The investment objective of the scheme is to generate returns by investing in portfolio of fixed income securities maturing on or before the date of maturity of the scheme.


Invesco Mutual Fund introduces India Fixed Maturity Plan-Series 29-Plan C


Invesco Mutual Fund has launched the Invesco India Fixed Maturity Plan-Series 29-Plan C, a close ended income scheme. The NFO opens for subscription on April 24, 2017 and closes on April 25, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Rs 10 thereafter. The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Nitish Sikand. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the Scheme.


Union Mutual Fund introduces Focussed Largecap Fund


Union Mutual Fund has launched the Union Focussed Largecap Fund, an open ended growth scheme. The NFO opens for subscription on April 20, 2017 and closes on April 28, 2017. The investment objective of the scheme is to generate capital appreciation by investing in a portfolio of select equity and equity linked securities of large cap companies.


ICICI Prudential MF proposes to roll over FMP- Series 73 - 369 Days Plan T


ICICI Prudential Asset Management Company has proposed to roll over (extend the maturity date) of ICICI Prudential Fixed Maturity Plan - Series 73 - 369 Days Plan T to July 10, 2018. The existing maturity date is April 27, 2017. Date of Roll over is April 28, 2017. Period of roll over is 439 days. All the other provisions of the SID/KIM/addenda of the scheme remain unchanged.


DSP BlackRock Mutual Fund introduces FMP-Series 211-38 M


DSP BlackRock Mutual Fund has launched the DSP BlackRock FMP-Series 211-38M, a close ended income scheme. The NFO opens for subscription on April 25, 2017 and closes on April 27, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter. The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund managers are Laukik Bagwe, and Pankaj Sharma. The investment objective of the scheme is to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities. The Scheme will invest only in such securities which mature on or before the date of maturity of the Scheme.

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