ABN Amro Mutual Fund launches ABN Amro Fixed Term Plan - Series 9 - 3Year - Plan A.The scheme is close-ended fixed term income scheme. The maturity date of the scheme / plan would be 3 years from the date of allotment of units under the scheme. Objective: The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities in line with the duration of the scheme. The fund will invest up to 100% in debt instruments. Debt instruments may include the investment in securitised debt up to 60% of the net asset of the scheme. The fund may also invest up to 100% in money market instruments.
Source : www.indian-commodity.com
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