Tata Mutual Fund has announced extension of maturity of Tata Fixed Maturity Plan Series 47 Scheme M, a close ended debt fund.
Tata Fixed Maturity Plan Series 47 Scheme M was launched on 12 May 2014. The units under the scheme were allotted on 21 May 2014 and the scheme is scheduled to mature on 25 May 2015. The trustees have decided to extend the maturity of the scheme by 729 days.
The scheme shall now mature on 23 May 2017.