Deutsche Mutual Fund has decided to extend the maturity of DWS Fixed Maturity Plan Series – 39 (DFMP-39), a close ended income scheme which is due for maturity on 13 October 2014. The terms and other features of the DFMP-36 to be extended are as follows:
Date of beginning of extended period: 14 October 2014.
Period of extension: 742 days.
Maturity Date: 24 October 2016.
Asset Allocation: The scheme will invest 50%-100% of assets in domestic debt instruments including government securities excluding money market instruments with low to medium risk profile nd invest upto 50% of assets in money market instruments with low risk profile.
The scheme will have 95%-100% of exposure in AA rated Non Convertible Debentures / Bonds.
Revised benchmark: CRISIL Short Term Bond Fund Index.