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Mutual Fund News
Jan 19 2008 12:31PM
Standard Chartered MF files offer document
Name of Fund: Standard Chartered Fixed Maturity Plan Fifteen Months Series

Scheme: Standard Chartered Fixed Maturity Plan Fifteen Months Series is a close-ended Income scheme. There are 2 Plans in the Scheme namely Standard Chartered Fixed Maturity Plan Fifteen Months Series 1 and Series 2. Their will 2 sub plans in each of the plans viz Plan A and Plan B.

Face Value: Rs. 10 per unit.

Minimum Investment Amount: The minimum application amount under plan A is Rs. 5000 and in multiple of Re 1 thereafter. The minimum application amount under plan B is Rs. 100000 and in multiple of Re 1 thereafter.

Objective: The investment objective of the Scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.

Entry Load: Nil

Exit Load: The scheme carries an exit load of 2.00% if the investment redeemed before the date of maturity.

Asset Allocation: The scheme will invest up to 100% in debt and money market instruments. The investment in securitised debt will be up to 50% of the net asset of the scheme.

Fund Manager: Mr. Kaushal Singh

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