Standard Chartered MF files an offer document- Standard Chartered Fixed Maturity Plan Quarterly Series (SCFMP QS)
Standard Chartered MF files an offer document
Name of Fund: Standard Chartered Fixed Maturity Plan Quarterly Series (SCFMP QS)
Scheme: It is a close-ended income scheme (with 3 plans).
Objective: The investment objective of the Scheme is to seek to generate income by investing in a portfolio of debt and money market instruments.
Plans: There are 3 plans in the scheme:Standard Chartered Fixed Maturity Plan Quarterly Series 31 (SCFMP QS31) ,Standard Chartered Fixed Maturity Plan Quarterly Series 32 (SCFMP QS32),Standard Chartered Fixed Maturity Plan Quarterly Series 33 (SCFMP-QS33)
Asset Allocation: The fund will invest 100% in debt and money market instruments. Investments in securitised debts can be up to 50% of the net assets.
Face Value: Rs 10
Investment Options: The scheme offers two options i.e. growth and dividend options under each plan.
Load: Entry load is nil. An exit load of 1.0% shall be charged in case of repurchased made after the date of allotment and on 45th day from the date of allotment.
Minimum Investment Amount: Minimum investment is Rs 5,000 and in multiple of Re 1 thereafter.
Minimum targeted amount: Rs.1 crore.
Benchmark Index: Crisil Liquid Fund Index
Fund Manager: Mr. Kaushal Singh
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