Fidelity Mutual Fund filed an offer document to launch Fidelity Fixed Maturity Plan- Series I. It is a close-ended debt scheme with six plans- Plans A to F. Plan shall be matured at the end of 370 days from the date of allotment of units. The primary objective of the scheme is to seek to generate reasonable returns and reduce interest rate volatility primarily through investment in money market and short-term debt instruments. The scheme offers investment options namely dividend and growth.
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