Sundaram BNP Paribas MF is looking at rolling out a new scheme called Sundaram BNP Paribas Fixed Term Plan 90 Days Series 11-14 and it is a close-ended income scheme with 90 days maturity comprising 4 series 11-14.
The objective of this scheme would be to achieve income with minimum volatility by investing in a portfolio of fixed-income securities. The scheme offers two options - retail option and institutional option with growth and dividend option. The dividend option offers dividend reinvestment facility. The minimum investment for retail plan is Rs. 5,000 and in multiples of Re.1 thereafter. The minimum investment for institutional plan will be Rs. 1 crore and in multiples of Re.1 thereafter.
The objective of this scheme would be to achieve income with minimum volatility by investing in a portfolio of fixed-income securities. The scheme offers two options - retail option and institutional option with growth and dividend option. The dividend option offers dividend reinvestment facility. The minimum investment for retail plan is Rs. 5,000 and in multiples of Re.1 thereafter. The minimum investment for institutional plan will be Rs. 1 crore and in multiples of Re.1 thereafter.
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