Monday, July 28, 2008

Lotus India MF Files Offer Document- July 28 , 2008

Lotus India Mutual Fund filed offer document to launch Lotus India Fixed Maturity Plan - 375 Days - Series XV to XVII. It is a close-ended debt scheme. The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme. Lotus India Fixed Maturity Plan 375 Days - Series XV to XVII has two plans regular plan and institutional plan.

The investors will have a choice of two options viz. growth option and dividend re-investment facility. The scheme will mature at the end of 375 days from the date of allotment of the scheme.

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