Edelweiss Mutual Fund is setting up its third fixed-maturity plan, India Infoline reports. The Edelweiss Fixed Maturity Plan 91 days Series 3 will invest in debt and money market instruments maturing on or before the maturity date of the scheme. The scheme may also generate income through the amortization of discount on debt instruments or the purchase and sale of securities in the underlying portfolio. It will offer growth and dividend options for investors.
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