Business Daily from THE HINDU group of publications Friday, Oct 05, 2007 ePaper |
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Markets
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New Fund Offer Our Bureau Mumbai, Oct. 4 ING Mutual Fund has reaped Rs 1,357 crore through its Fixed Maturity Plan Series. In the series, the ING FMP Series XXX collected more than Rs 500 crore, which made it the highest out of the lot. The 92 days close-ended fund was available in dividend and growth options. fixed maturity bondsThe ING FMP Series XXXII has collected more than Rs 300 crore. This 368 days close-ended fund was available in dividend, growth and bonus options. Both the fixed maturity bonds were placed successfully and subscribed by investors including high net-worth individuals, financial institutions and large corporate and business houses. bond securitiesThe Fixed Maturity Scheme is a series of close-ended funds invested in the portfolios of various bond securities. More Stories on : New Fund Offer
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