11-02-2022 12:21 PM | Source: Accord Fintech
Mahindra Manulife Mutual Fund files offers document for Gilt Fund
Mahindra Manulife Mutual Fund has filed offer document with SEBI to launch an open-ended debt scheme named ‘Mahindra Manulife Gilt Fund’. The New Fund Offer price will be Rs 10. Entry load and Exit Load will be nil. This Scheme provides growth and dividend options for investment and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme will be benchmarked by CRISIL Dynamic Gilt Index (First Tier benchmark). The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to generate income with high liquidity through investment in Government Securities across maturity.
Latest News
Insurance Sector Update : Motor drags down overall g...
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
Wipro shares nosedived over 9 pc after missed earnin...
Economic Survey links mental health disorders with '...
India's GDP growth for FY25 to surpass Economic Surv...
Evening Roundup : A Daily Report on Bullion Energy &...
FIIs stood as net buyers in equities as per July 22 ...
Union Budget: Experts urge government to remove 18 ...
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
Sensex ends lower ahead of Union Budget 2024-25