Lotus India Mutual Fund filed offer document to launch Lotus India Long Term Fixed Maturity Plan - Series I - Plan A to C. It is a close-ended debt scheme with maturity of 18-24 months. The exact duration of the plans under Scheme shall be decided at the time of launch of the 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 Long Term Fixed Maturity Plan - Series I offer three plans viz. Plan A, B and C. Each of these plans offer two sub plans i.e. regular and institutional. Both plans offer two options i.e. dividend reinvestment and growth.
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