Important dates for the two FMPs are:
JM Fixed Maturity Fund - Series XX - Plan C: The NFO opens on September 13, 2011 and closes on September 22, 2011. The scheme has a duration of 181 days.
JM Fixed Maturity Fund - Series XX - Plan D: The NFO opens on September 15, 2011 and closes on September 28, 2011. The scheme has a duration of 91 days.
The investment objective of the plans is to generate regular returns through investments in fixed income securities maturing on or before the date of the maturity of the plans.
The plans would allocate upto 100% of assets in Government securities, debt and money market securities (including fixed income derivatives) with medium risk profile. The cumulative gross exposure through debt and derivatives will not exceed 100% of the net assets of the plans.
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Options: Dividend Payout and Growth option
Exit Load: Nil
Listing: National Stock Exchange
Benchmark: Crisil Short Term Bond Index
Fund Manager: Ms. Shalini Tibrewala