KOLKATA: Deutsche MF has lined up a fixed maturity product, the seventh in its series. The proposed Deutsche Fixed Term Plan -7 will aim to generate income by investing in debt and money market instruments, normally maturing in line with the time profile of the fund.
The fund, to be benchmarked against Crisil Liquid Fund Index, will have a duration of 90 days from the date of allotment, after which it will be redeemed fully.
The fund will be free to invest across all securities in the debt and money markets.
The portfolio may also hold cash at times in line with the prevailing circumstances.