Mirae Asset Fixed Maturity Plan - Series V -Plan 4: Everything you need to know

12 Jun 2023 , 03:32 PM

Mirae Asset Mutual Fund is launching NFO under its “Fixed maturity category”, named as Mirae Asset Fixed Maturity Plan – Series V -Plan 4. This close-ended fund aims to provide income to the investors through investments in a portfolio comprising of Debt and Money Market Instruments maturing on or before the maturity of the Scheme.

Investment strategy: The scheme will make investments in debt/money market securities and government securities which mature on or before the date of maturity of the Schemes.

Asset allocation: The Scheme will invest in debt and money market instruments. It retains the flexibility to invest across all the securities in the debt and money markets which will be maturing in or before the date of maturity of the scheme.

Who should invest?

Investors with moderate risk appetite should invest in Mirae Asset Fixed Maturity Plan – Series V -Plan 4 for 91 days. 

Risk associated: low to moderate risk.

Benchmark: Nifty Liquid Index.

Fund Managers: Mr. Amit Modani.

The NFO is available for subscription from June 08 to June 13. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in Mirae Asset Fixed Maturity Plan – Series V -Plan 4.