Sundaram BNP Paribas Mutual Fund files another offer document to launch Fixed Maturity Plan- 90 days - Series 4. The scheme will have two-investment options viz. growth and dividend options. The dividend option will have reinvestment facility under it. The objective of this scheme would be to achieve income with minimum volatility by investing in a portfolio of fixed-income securities. The minimum application amount under retail plan is Rs 5000 and in multiple of Re 1 thereafter. The amount of investment under institutional plan is Rs 1 crore and in multiple of Re 1 thereafter.
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