Tata Mutual Fund has announced the extension of maturity of Tata Fixed Maturity Plan Series 46 - Scheme I, 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 732 days. Pursuant to extension, the Scheme shall mature on 30 January 2017 or the immediately following Business Day, if such day is not a Business Day.
Tata Fixed Maturity Plan Series 46 - Scheme I was launched on 20 January 2014. The units under the Scheme were allotted on 29 January 2014. The Scheme is scheduled to mature on 29 January 2015.