16 Apr 2008 | 17:51
Standard Chartered MF files an offer document with SEBI
Name of Fund: Standard Chartered Fixed Maturity Plan - Quarterly Series
Scheme: It is a close-ended income scheme. There are 3 plans in the scheme namely Standard Chartered Fixed Maturity Plan Quarterly Series 34, Standard Chartered Fixed Maturity Plan Quarterly Series 35, Standard Chartered Fixed Maturity Plan Quarterly Series 36.
Objective: The investment objective of the scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.
Asset Allocation: The fund will invest 100% in debt and money market instruments. Investments in securitised debts can be up to 50% of the net assets.
Face Value: Rs 10
Investment Options: The scheme offers two options i.e. growth and dividend options.
Entry Load: There is no entry load in the scheme.
Exit load: An exit load of 1.00% shall be charged in case if repurchased on 45th day from the date of allotment. It may not levy an exit load for redemption on maturity.
Minimum Investment Amount: Minimum investment amount is Rs 5,000 and in multiple of Re 1 thereafter.
Minimum targeted amount: Rs.1 crore.
Benchmark Index: Crisil Liquid Fund Index.
Fund Manager: Mr. Rajiv Anand
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