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Tuesday, February 17, 2009

Fidelity MF announces change in nomenclature

With effect from 18 February 2009

Fidelity Mutual Fund has announced the change in the nomenclature of Fidelity Liquid Plus Fund to Fidelity Ultra Short Term Debt Fund in accordance with the requirements specified by the Securities and Exchange Board of India (SEBI) vide its circular dated 19 January 2009. The change will be effective from 18 February 2009.

Fidelity Liquid Plus Fund is an open-ended debt scheme with an investment objective to generate reasonable returns and liquidity primarily through investments in money market and short term debt instruments.

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