Thursday, September 11, 2008

Mirae Asset MF Unveils Quarterly Plan II - Sep 11, 2008

Mirae Asset Mutual Fund has launched Mirae Asset Quarterly Plan II on 09 September 2008. The new issue will be closed for the subscription on 11 September 2008. The NFO price for the fund is Rs 10 per unit. It is a debt oriented interval scheme. The investment objective of the scheme is to seek to generate returns with low volatility through a portfolio of debt and money market instruments with a provision to offer liquidity at periodic intervals. The scheme offers two plans viz. regular and institutional plan, which will have two sub-options of growth and dividend options. The dividend option offers dividend payout and dividend reinvestment facilities

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