Mirae Asset MF introduces FMP - Series V - Plan 1
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Mirae Asset Mutual Fund (MF) has launched Mirae Asset Fixed Maturity Plan (FMP) - Series V - Plan 1- 91 Days), a close Ended Income Scheme with Relatively Low Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on February 08, 2023 and closes on February 13, 2023. The Entry load and the Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of 1 thereafter.
The performance of the scheme will be benchmarked against NIFTY Liquid Index and its fund manager Amit Modani.
The Investment objective of the scheme is to provide income to the investors through investments in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the Scheme.
