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Grindlays Super Saver Income Fund

MUMBAI: Standard Chartered Mutual Fund has launched yet another fixed income product, Grindlays Super Saver Income Fund-Medium Term Plan. The initial offer will be open during June 16 to 27. This new product is targeted at retail investors seeking a mix of stable quality returns and safety, according to Standard Chartered Mutual Fund. The Fund would invest 100 per cent of its portfolio in highly rates debt and money market instruments, said Naval Bir Kumar, Managing Director, Standard Chartered Mutual Fund.

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