Tata Mutual Fund has collected Rs 88।3 crores via Tata Fixed Horizon Fund Series 17 Scheme E during its new fund offer period i.e. from 20 to 22 May 2008.
The scheme is a close ended debt fund with having maturity of 3 months from the date of allotment. The investment objective of the scheme is to generate income and / or capital appreciation by investing in wide range of debt and money market instruments.
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 reinvestment.
1 comment:
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