ABN Amro Mutual Fund files offer document with Sebi to launch ABN Amro Fixed Term Plan -Series 14 -Plan A to L. It is a close-ended income scheme. The scheme will have 12 plans A to L with duration between 1 year and 3 year. The primary objective of the schemes to generate growth of capital through investments made in a basket of fixed income securities in line with the duration of plans under the scheme. The scheme offers two plans viz. regular and institutional plan, which will have two sub-options of growth and dividend options. The dividend option offers dividend payout and dividend reinvestment facilities. The scheme will be having dividend frequencies of calendar monthly, calendar quarterly, calendar half yearly, calendar yearly, and dividend on maturity option.
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