Standard Chartered MF is looking at unveiling Fixed Maturity Plan Fifteen Months Series. It is a close-ended Income scheme. There are 2 Plans in the Scheme namely Standard Chartered Fixed Maturity Plan - Fifteen Months Series 1 and Series 2. Their will 2 sub plans in each of the plans viz Plan A and Plan B. The minimum application amount under plan A is Rs. 5000 and in multiple of Re 1 thereafter. The minimum application amount under plan B is Rs. 100000 and in multiple of Re 1 thereafter. The investment objective of the Scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.
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