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Deutsche Asset Management India has launched DWS Fixed Maturity Plan (FMP) Series 70 and 71. These are two-year close-ended debt funds. The objective of these schemes is to generate income by investing in debt and money market instruments maturing on or before the date of maturity of the scheme. These funds are benchmarked against the CRISIL Short-Term Bond Fund Index. DWS FMP Series 70's NFO is currently open for subscription and will close on 11 June. DWS FMP Series 71's NFO opened today will close on 20 June.
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