JM Financial Mutual Fund has preponed closing date of the new fund-offering (NFO) period of JM Fixed Maturity Fund-Series X - Quarterly Plan 3. The fund will now close on 18 June 2008, instead of 11 July 2008. JM Fixed Maturity Fund-Series X - Quarterly Plan 3 was opened for subscription on 12 June 2008. The scheme is a close-ended income scheme with a maturity of 91 days. The scheme seeks to generate regular returns through investment in fixed income securities normally maturing in line with the time profile of the plan. JM Fixed Maturity Fund-Series X - Quarterly Plan 3 will offer two plans i.e. regular plan and institutional plan. Each of the plans will have dividend and growth option.
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