Sahara Mutual Fund has launched Sahara Short Term Bond Fund. It is a debt-oriented fund. The new issue will be opened for subscription from 12 March to 8 April 2009. The NFO price for the fund is Rs 10 per unit.
The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
The scheme will offer growth and dividend options for investors.
The minimum investment amount is Rs 5,000 and in multiples of Re 1 thereafter.
The scheme will not levy entry load.
The scheme charges an exit load of 0.10% if redeemed between 0-15 days from the date of allotment of units. No exit load will be charged for redemption done after 15 days.
The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
The scheme will offer growth and dividend options for investors.
The minimum investment amount is Rs 5,000 and in multiples of Re 1 thereafter.
The scheme will not levy entry load.
The scheme charges an exit load of 0.10% if redeemed between 0-15 days from the date of allotment of units. No exit load will be charged for redemption done after 15 days.
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