ABN Amro MF Unleashes New Interval Fund

ABN Amro MF has unleashed a new fund called ABN Amro Interval Fund - Quarterly Plan K and it is a debt oriented interval scheme. The primary objective of the scheme launched would be to seek to generate steady returns through investments made in a basket of fixed income securities, with a provision to offer liquidity at periodic interval. The fund will invest in 0-100% in debt instruments such as bonds and debentures with low to medium profile of risk and 0-60% in securitised debt with exposure in debt derivatives up to 100%. The fund can also invest 0-100% in money instruments.