Lotus India MF launches FMP
Name of Fund: Lotus India Fixed Maturity Plans- 3 months –XXV
Scheme: This scheme is a close-ended income scheme.
Objective: The objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the scheme.
Fund Opens: 18 February 2008
Fund Closes: 19 February 2008
Face Value: Rs 10
Entry Load: There will no entry load charged for the scheme due to its close-ended structure.
Exit Load: The scheme charges an exit load of 1.00%, if the investment is redeemed before the maturity date.
Minimum Investment Amount: The minimum investment is Rs 5,000 and in multiples of Re 1 thereafter.
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