Religare Invesco Mutual Fund files offer document for Fixed Maturity Plan-Series 25 - Plan A to F

Religare Invesco Mutual Fund has filed offer document with SEBI to launch a Close Ended Debt Scheme as Religare Invesco Fixed Maturity Plan - Series 25 - Plan A to F. 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 for Plans having maturity upto 3 months / 91 days: CRISIL Liquid Fund Index, For Plans having maturity of more than 3 months / 91 days and upto 36 months: CRISIL Short-Term Bond Fund Index and For Plans having maturity of more than 36 months: CRISIL Composite Bond Fund Index. The minimum application amount is Rs 5000 per application and in multiples of Rs 10 thereafter. 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.