Deutsche Mutual Fund has rolled out a 371 days close-ended debt fund, India Infoline reports. The DWS Fixed Term Fund - Series 89 aims to generate regular income by investing in debt and money market instruments maturing on or before the date of the maturity of the scheme.
The scheme offers growth and dividend options. The fund is benchmarked against the Crisil Short Term Bond Fund Index and is managed by Kumaresh Ramakrishnan.
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