DWS mutual Fund has extended the new fund-offering (NFO) period of DWS Fixed Term Fund Series 51 from 5 June to 10 June 2008. The issue was opened for subscription on 26 May 2008. DWS Fixed Term Fund Series 51 is close-ended debt fund with the duration of 370 days.
The NFO price for the fund is Rs 10 per unit. The minimum investment amount under regular plan is Rs. 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs. 1 crore and in multiple of Re 1 thereafter.
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 NFO price for the fund is Rs 10 per unit. The minimum investment amount under regular plan is Rs. 5,000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs. 1 crore and in multiple of Re 1 thereafter.
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.
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