Deutsche Mutual Fund has launched the New Fund Offer (NFO) of DWS Fixed Maturity Plan- Series 69(DFMP-69), a close ended income scheme. The NFO opens for subscription on May 09, 2014, and closes on May 19, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 10 thereafter.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Rakesh Suri.
The investment objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the date of the maturity of the Scheme.
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