Fidelity MF To Launch Fidelity Liquid Plus Fund

Fidelity Mutual Fund announced to launch Fidelity Liquid Plus Fund which is an open ended debt scheme with an objective to generate reasonable returns and liquidity primarily through investment in money market and short term debt instruments. The credit risk rating of the fund is mfA1+ from ICRA which indicates highest credit quality short term rating. The new fund offer will be open for subscription for one day 19th September 2007 and it will open from 21st September 2007 for further subscription.