Sahara Mutual Fund has launched Sahara Interval Fund- Quarterly Plan - Series 1. It is the debt oriented interval fund. The new issue will be opened for subscription from 22 September to 26 September 2008. The NFO price for the fund is Rs 10 per unit. The investment objective of the scheme is 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 does not guarantee any assured returns. The scheme will offer growth and dividend options for investments. Dividend option further offers dividend payout and dividend reinvestment facility. The minimum investment amount is Rs 5,000 and in multiples of Re 1 thereafter for both dividend as well as the growth option. The minimum target amount seeks to operate the scheme is Rs 1 lakh during its NFO
Tuesday, September 23, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment