Baroda Pioneer AMC has announced the launch of Baroda Pioneer Public Sector Undertakings (PSU) Bond Fund, an openended debt scheme. The portfolio of the fund will predominantly consist of PSU bonds and government securities of varying yields and maturities. The benchmark of the scheme is Crisil Bond Fund Index. The fund, which offers growth and dividend options, is ideal for those who have an investment horizon ranging from 6 months to 1 year, an official release said. Units will be issued at Rs 10 per unit, with the minimum application amount being Rs 5,000. The New Fund Offer is available from December 7-21, 2009.
Baroda Pioneer AMC has announced the launch of Baroda Pioneer Public Sector Undertakings (PSU) Bond Fund, an openended debt scheme. The portfolio of the fund will predominantly consist of PSU bonds and government securities of varying yields and maturities. The benchmark of the scheme is Crisil Bond Fund Index. The fund, which offers growth and dividend options, is ideal for those who have an investment horizon ranging from 6 months to 1 year, an official release said. Units will be issued at Rs 10 per unit, with the minimum application amount being Rs 5,000. The New Fund Offer is available from December 7-21, 2009.