Monday, February 11, 2008

Sahara MF Launches Another FMP

Sahara Mutual Fund has unveiled a scheme called Sahara Fixed Maturity Plans- 395 Days-Series 3 and it is a close-ended income scheme. The investment objective of the scheme is to generate income by investing into debt and money market securities, normally maturing in line with the time profile of the scheme.

Sahara Fixed Maturity Plans- 395 Days-Series 3 offers two options i.e. growth and dividend. Entry Load: There will no entry load charged for the scheme due to its close-ended structure. The minimum investment for the scheme is Rs 5,000 and in multiple of Re 1 thereafter.

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