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Markets - New Fund Offer
Lotus India mutual launches fixed maturity plan

Our Bureau

Mumbai, Sept. 18

Lotus India AMC, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide has launched a closed-ended debt scheme - Lotus India Fixed Maturity Plan – 3 months – series XVIII.

The scheme is open for subscription from September 17 and will close on September 24 .

The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter. The fund offers two options—growth and dividend.

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