Lotus India Asset Management Company, a joint venture between Fullerton Fund Management Group (wholly owned by Temasek Holdings, Singapore) and Sabre Capital Worldwide announced collections of around Rs. 117 crore during the NFO of the Lotus India Fixed Maturity Plan - 375 Days - Series I, which closed on 19 June 2007. This plan seeks to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
Lotus India Fixed Maturity Plan - 375 Days - Series I offers two options i.e. growth and dividend reinvestment. It opened for subscription from 8 June 2007 and closed on 19 June 2007.
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