Tata Mutual Fund has announced the extension of maturity of Tata Fixed Maturity Plan Series 45 - Scheme C, a close ended debt fund.
The Trustees have decided to extend the maturity of the scheme in accordance with Regulation 33 (4) of SEBI (Mutual Funds) Regulations, 1996 by 735 days. Pursuant to extension, the Scheme shall mature on 28 November 2016 or the immediately following Business Day, if such day is not a Business Day.
Tata Fixed Maturity Plan Series 45 - Scheme C was launched on 11 November 2013. The units under the Scheme were allotted on 22 November 2013. The Scheme is scheduled to mature on 24 November 2014.