Deutsche MF has rolled out a fund called DWS Fixed Term Fund Series 51 and it is a close-ended debt fund with maturity of 370 days. The objective of the fund is to generate regular income by investing in fixed income securities and money market instruments, usually maturing in line with the time profile of the fund.
The investors will have the choice of two plans viz. regular plan and institutional plan. Each plans offers growth and dividend option. The dividend option offers sub option of dividend payout and re-investment. Both plans of the fund will invest up to 100% in domestic debt instruments including government securities and money market instruments and securitised debt. Investment in securitised debt would be up to a maximum of 70% of the net assets of the scheme. The scheme will invest in derivatives only for the purpose of hedging and portfolio balancing, as permitted under the Regulations and guidelines and the exposure to derivatives shall be restricted to 50% of the net assets of the scheme. The scheme will not invest in foreign securities and foreign securitised debt.
The investors will have the choice of two plans viz. regular plan and institutional plan. Each plans offers growth and dividend option. The dividend option offers sub option of dividend payout and re-investment. Both plans of the fund will invest up to 100% in domestic debt instruments including government securities and money market instruments and securitised debt. Investment in securitised debt would be up to a maximum of 70% of the net assets of the scheme. The scheme will invest in derivatives only for the purpose of hedging and portfolio balancing, as permitted under the Regulations and guidelines and the exposure to derivatives shall be restricted to 50% of the net assets of the scheme. The scheme will not invest in foreign securities and foreign securitised debt.
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