Sahara Mutual Fund filed offer document with Sebi to launch Sahara Interval Fund. The scheme is a debt oriented interval fund. The investment objective of the scheme is to generate returns with low volatility through a portfolio of debt and money market instruments with provision to offer liquidity at periodic intervals. The scheme will have two investment plans viz. dividend and growth option. The dividend option will have the sub option of dividend reinvestment. The fund will invest up to 100% in money market instruments. It will have an investment of 100% in government securities issued by Central &/or State Government & other fixed income / debt securities including but not limited to corporate bonds and securitized debt.
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