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News Updates

15

Mar
2012

Indiabulls FMP 387 Days, one more successful scheme from Indiabulls Mutual Fund

Indiabulls FMP 387 Days, one more successful scheme from Indiabulls Mutual Fund

Indiabulls Mutual Fund has successfully launched one more scheme, ‘Indiabulls FMP 387 Days March 2012 (1)‘, a closed ended Debt scheme on March12, 2012. The NFO closed on March 14, 2012.

The primary investment objective of this scheme is to generate income and capital appreciation by investing in wide range of Debt and Money Market instruments having maturity in line with maturity of the respective plans under the scheme. The maturity of all instruments shall be equal to or less than the maturity of the respective plans under the scheme. However, there can be no assurance that the investment objective of the scheme will be achieved.

The fund would invest up-to 100% in money market instruments. Within this limit, the fund will invest 95%-100% in CDs only of highest rating of A1+ with low risk profile and investments in other instruments such as Government Securities / Treasury Bills / CBLO /Reverse Repos in Govt. Securities would be up-to 0% to 5% with low risk profile

The Scheme has Growth and Dividend Option across a common portfolio. Default option between Growth and Dividend will be Growth Option.

The Dividend Option is further divided into Payout and Transfer options. Default between Dividend Payout and Dividend Transfer Option will be Dividend Payout Option.

Maturity or Final Redemption Date for the scheme is 387 Days from the date of allotment.

There is no entry load or exit load for the scheme. The New Fund Offer price of a single unit was Rs.10.

The benchmark Index for the scheme is CRISIL Short Term Bond Fund Index, and the units of the scheme will be listed on the BSE on allotment.

Liquidity

The Scheme being offered through this Scheme Information Document is a closed ended debt scheme. No redemption/repurchase of units shall be allowed prior to the maturity of the respective Plan(s) under this scheme. Redemption will be allowed on maturity of the respective Plan(s) under this scheme. The Scheme is proposed to be listed on the BSE. Investors can trade on the exchange and Investors wishing to exit before maturity may do so, through BSE or any other stock exchange where the scheme will be listed.

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.