Deutsche Mutual Fund has filed an offer document for DWS Fixed Term Fund - Series 43. Its a three year close-ended debt scheme. The new fund offer (NFO) price for the scheme is Rs. 10 per unit. The scheme will have Institutional and Regular Plans. The portfolio for the two Plans will be one and the same. The scheme will further have Dividend and Growth Options. Under this Option dividend distribution out of income earned may be made.
The minimum application amount under regular plan is Rs. 5000 and in multiple of Re 1 thereafter. The minimum investment amount under institutional plan is Rs 1 crore and in multiples of Re 1 thereafter. During the New Fund Offer period, unitholders of other Schemes of Deutsche MF have an option to switch from other schemes to this scheme; however, the switch request should be accompanied with the application form.
The objective of the fund is to generate regular income by investing in fixed income securities / money market instruments usually maturing in line with the time profile of the fund. There can be no assurance that the investment objective of the Scheme will be realized.
Entry Load: Nil
Exit Load: Nil. No load on redemption on the maturity date.
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