DWS Investments has launched a new 370-day close-ended debt fund, MoneyGuru India reports. The DWS Fixed Term Fund – Series 80 aims to generate regular income by investing in debt and money market instruments. It offers both growth and dividend options. The new portfolio will be benchmarked to the Crisil Short Term Bond Fund Index. The fund manager for the scheme, which will be listed on the National Stock Exchange, will be Kumaresh Ramakrishnan.
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