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Friday, September 12, 2014

L&T Prudential MF Announces Rollover of L&T FMP – Series VIII – Plan J

The scheme shall mature on 05 October 2016

L&T Mutual Fund has announced rollover of L&T FMP – Series VIII – Plan J which is due for maturity on 15 September 2014. 

The features of the proposed rollover are as follows: 

Tenure of the scheme: 1119 days 

Period of rollover: 751 days from the date of rollover i.e. 16 September 2014. 

Date of Maturity for rollover: 05 October 2016. 

Asset allocation post rollover: 

The scheme would invest 80%-100% of assets in debt instruments and upto 20% of assets in money market instruments with low to medium risk profile.
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