Fortis India Mutual Fund Investments launched new FMP- Fixed Term Fund – Series 16 B

Fortis Fixed Term Fund Series 16B – another fixed maturity plan (FMP) from Fortis India Mutual Fund Investments

New Fixed Term Fund Series 16B from Fortis Mutual Fund Investments

Fortis Fixed Term Fund – Series 16 B FMP: Open and close dates

• Open date for Fortis Fixed Term Fund – Series 16 B: 20 October 2009
• Close date for Fortis Fixed Term Fund – Series 16 B: 3 November 2009

Fortis Fixed Term Fund – Series 16 B: Maturity Period – Fixed Maturity Plan

Maturity Period for the FMP from Fortis Investments is 18 months

Entry Exit loads for Fortis Fixed Term Fund – Series 16 B

Per recent SEBI guidelines, there is no entry/exit load for Fortis Fixed Term Fund – Series 16 B FMP