JM Financial Mutual Fund has unveiled a new 367 day fixed maturity plan (FMP), MoneyGuru India reports. The JM Fixed Maturity Fund - Series XX - Plan A will be managed by Shalini Tibrewala. The scheme will track the performance of the Crisil Short Term Bond Index. The fund will invest about 100% of its assets in government securities, debt and money market securities with medium risk profile.
Click here for the story from MoneyGuru India.