JM Mutual Fund has filed offer document with Securities and Exchange Board of India (SEBI) to launch JM Fixed Maturity Fund - Series XIV with nine plans. The duration of the scheme will be 31 day from the date of allotment. It is the close-ended income scheme. The face value of the new issue will be Rs 10 per unit. A close ended income scheme comprising various plans seeking to generate regular returns through investments in fixed income securities normally maturing in line with the time profile of the respective plan. Plans under the Series: JM Fixed Maturity Fund - Series XIV - M1, JM Fixed Maturity Fund - Series XIV - M2, JM Fixed Maturity Fund - Series XIV - M3, JM Fixed Maturity Fund - Series XIV - M4, Maturity Fund - Series XIV - M5, Maturity Fund - Series XIV - M6, Maturity Fund - Series XIV - M7, Maturity Fund - Series XIV - M8, Maturity Fund - Series XIV - M9.
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