Deutsche Mutual Fund has filed offer document with SEBI to launch a Close Ended Debt Scheme named as "DWS Hybrid Fixed Term Fund Series 26-30". The New Fund Offer price is Rs 10 per unit.
Entry and exit load charges will be nil for the scheme. The scheme offers growth and dividend option and seeks to collect a Minimum Target Amount of Rs 20 crore.
The scheme will be benchmarked against CRISIL MIP Blended Fund Index. The minimum application amount is Rs. 5,000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate income by investing in fixed income securities maturing on or before the date of the maturity of the Scheme and to generate capital appreciation by investing in equity and equity related instruments.
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