Important dates for the two FMPs are:
Religare Fixed Maturity Plan - Series IX - Plan C (182 Days): The NFO opens on September 9, 2011 and closes on September 12, 2011. The scheme has a duration of 182 days.
Religare Fixed Maturity Plan - Series IX - Plan D (370 Days): The NFO opens on September 9, 2011 and closes on September 13, 2011. The scheme has a duration of 370 days.
The investment objective of the scheme is generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the scheme.
The fund seeks to collect a minimum subscription (minimum target) amount of Rs 1 crore under each plan during the NFO period.
The scheme would allocate up to 100% of assets in debt instruments including money market instruments with low risk profile. The scheme will not invest in securitized debt. The maximum gross derivative position will be restricted to 50% of the net assets of the scheme.
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Options: Dividend Payout and Growth option
Exit Load: Nil
Listing: Bombay Stock Exchange
Benchmark: CRISIL Short Term Bond Fund Index
Fund Manager: Mr. Nitish Sikand