Deutsche MF plans to roll out a new fund called DWS Fixed Term Fund Series 55 and it is close-ended debt fund with duration of 12-18 months. The investment objective of the fund is to generate regular income by investing in fixed income securities / money market instruments usually maturing in line with the time profile of the fund.
The scheme offers regular and institutional plans with dividend and growth option. The dividend option will further provide a sub option of payout. The scheme will invest up to 100% in domestic debt instruments including government securities & money market instruments and securitized debt including cash and cash equivalents. Investment in securitized debt would be up to a maximum of 100% of the net assets. Investment in derivatives will be up to 50% of the net asset of the scheme.
The scheme offers regular and institutional plans with dividend and growth option. The dividend option will further provide a sub option of payout. The scheme will invest up to 100% in domestic debt instruments including government securities & money market instruments and securitized debt including cash and cash equivalents. Investment in securitized debt would be up to a maximum of 100% of the net assets. Investment in derivatives will be up to 50% of the net asset of the scheme.
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