IDFC Mutual Fund launched IDFC Fixed Maturity Plans- Quarterly Series 32. The scheme is close-ended income scheme. The duration of the scheme is from the date of allotment to 3 November 2008 i.e. date of maturity. The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments. The fund will invest up to 100% in debt and money market instruments, with low to medium risk profile. The investment in securitised debt will be up to 50% of net asset of the scheme.
Showing posts with label scheme. Show all posts
Showing posts with label scheme. Show all posts
Thursday, July 31, 2008
Tuesday, July 29, 2008
ING Investment Unveils Fund Of Funds - July 29 , 2008
Mumbai: ING Investment Management India has declared the roll out of its open-ended fund of funds scheme called 'ING Optimix Global Commodities Fund'. The main objective of the scheme is to get long-term capital growth by infusing primarily in units of global commodity-oriented mutual funds.
The scheme will open on July 29, and close on August 25, 2008. In the current scenario of increasing inflation and declining equity markets, investing in commodities is a good option as it helps very much to diversify your portfolio. The portfolio mix of the new fund will comprise investments in energy, metals and minerals, and agriculture and chemicals. Exposure to an alternative asset class such as commodities would provide better risk-adjusted returns to an investor's overall portfolio.
The scheme's asset allocation will be 65 per cent - 100 per cent in global mutual funds, which infuse in commodity-related securities; up to 25 per cent in debt funds, liquid funds, money market funds; and up to 10 per cent in money market securities. The offer document for the fund also adds that ING OptiMix Global Commodities Fund shall not invest in those overseas mutual fund/unit trusts, which have an exposure to Indian securities via participatory notes. The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter.
The scheme will open on July 29, and close on August 25, 2008. In the current scenario of increasing inflation and declining equity markets, investing in commodities is a good option as it helps very much to diversify your portfolio. The portfolio mix of the new fund will comprise investments in energy, metals and minerals, and agriculture and chemicals. Exposure to an alternative asset class such as commodities would provide better risk-adjusted returns to an investor's overall portfolio.
The scheme's asset allocation will be 65 per cent - 100 per cent in global mutual funds, which infuse in commodity-related securities; up to 25 per cent in debt funds, liquid funds, money market funds; and up to 10 per cent in money market securities. The offer document for the fund also adds that ING OptiMix Global Commodities Fund shall not invest in those overseas mutual fund/unit trusts, which have an exposure to Indian securities via participatory notes. The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter.
DBS Chola MF Files An Offer Document - July 29 , 2008
DBS Chola Mutual Fund filed an offer document to launch DBS Chola Fixed Maturity Plan Series 11. Scheme: It is a close-ended income scheme with two plans. The first plan will be of 13 months while other will be for 18 months. The primary objective of the scheme is to generate regular returns and capital appreciation by investing in debt, government and money market securities normally maturing in line with the time profile of the respective plans. The scheme two options namely dividend payout and cumulative option.
The scheme will invest 65% -100% of its portfolio money market instruments, corporate bonds, debt and Government securities. The scheme will also invest up to 35% in securitised debt.
The scheme will invest 65% -100% of its portfolio money market instruments, corporate bonds, debt and Government securities. The scheme will also invest up to 35% in securitised debt.
Tuesday, July 8, 2008
Deutsche MF Mulls To Launch DWS Fixed Term Fund Series 55 - July 8, 2008
Deutsche MF plans to roll out a new fund called DWS Fixed Term Fund Series 55 and it is close-ended debt fund with duration of 12-18 months. The investment objective of the fund is to generate regular income by investing in fixed income securities / money market instruments usually maturing in line with the time profile of the fund.
The scheme offers regular and institutional plans with dividend and growth option. The dividend option will further provide a sub option of payout. The scheme will invest up to 100% in domestic debt instruments including government securities & money market instruments and securitized debt including cash and cash equivalents. Investment in securitized debt would be up to a maximum of 100% of the net assets. Investment in derivatives will be up to 50% of the net asset of the scheme.
The scheme offers regular and institutional plans with dividend and growth option. The dividend option will further provide a sub option of payout. The scheme will invest up to 100% in domestic debt instruments including government securities & money market instruments and securitized debt including cash and cash equivalents. Investment in securitized debt would be up to a maximum of 100% of the net assets. Investment in derivatives will be up to 50% of the net asset of the scheme.
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