Deutsche Mutual Fund has launched a new 308 day close-ended debt fund, India Infoline reports. The DWS Fixed Term Fund - Series 82 will invest in debt and money market instruments with low to medium risk profile.
The scheme will replicate the performance of the Crisil Short Term Bond Fund Index. The fund will be managed by Kumaresh Ramakrishnan. The scheme will be listed on the National Stock Exchange.
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