L&T Mutual Fund has unveiled a new 366 day close ended income scheme, India Infoline reports. The L&T FMP - III (June366D A) will be benchmarked against the CRISIL Short Term Bond Fund Index. The fund will be managed by Bekxy Kuriakose. The scheme will seek to invest up to 100% of its assets in debt and money market instruments with low to medium risk profile.
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