Scheme Name
Edelweiss Liquid Plus Fund
Objective of Scheme
To Provide reasonable returns, commensurate with moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns
Scheme Type
Open Ended
Scheme Category
Income
New Fund Launch Date
1-Sep-2008
New Fund Earliest Closure Date
8-Sep-2008
New Fund Offer Closure Date
8-Sep-2008
Indicate Load Separately
Entry Load : NIL EXIT Load : 0.10% if redeemed before 8th day of the allotment.
Offer Price (Rs.)
10
Minimum Subscription Amount
5,000
September 2nd, 2008
The following is a list of top 10 short-term debt fund schemes and their 1-year returns
HDFC HI Short-term 9.22%
ING Short Term Income 8.99%
HSBC Income Short-term 8.98%
UTI Short-term Income Regular 8.74%
HDFC Short-term 8.44%
JM Short-term Reg 8.4%
Birla Sun Life Short-term Retail 8.39%
Reliance Short-term 8.22%
Tata Short-term Bond 7.86%
ICICI Prudential Short-term 7.62%
August 30th, 2008
Deutsche Mutual Fund has recently filed draft offer documents before SEBI for its upcoming open ended debt fund scheme.
The investment objective of the Scheme is to generate regular income by investing primarily in investment grade fixed income securities / money market instruments, and to attain capital appreciation by investing a small portion in equity / equity related instruments.
CRISIL MIP Blended Fund Index will be taken as the Benchmark
The fund comes in Institution Plan and Regular Plan. The portfolio for the two Plans will be one and the same. Dividend (Payout & Reinvestment) and Growth options will be available.
For the Regular Plan, the Minimum application amount is Rs. 5,000 (Five Thousand) per application and in mulitiples of Rs. 1 threafter. Unitholders of other Schemes of Deutsche Mutual Fund have an option to switch from the other Scheme to this Scheme, however, the switch request should be accompanied with the application form. Minimum additional is Rs. 1000 and multiples of Rs. 1.
There is no entry load but an exit load of 0.10% will be applicable if the investor redeems within 15 days from the allotment of units.
It may be recalled that Deutsche Mutual Fund has already filed draft offer documents for DWS Capital Protection Oriented Fund which is a 3 years close ended Fund. This fund is a capital protection oriented fund that Objective endeavors to protect the capital by investing in high quality fixed income securities and generate capital appreciation by investing in equity and equity related instruments.
March 15th, 2007