Birla Sun Life Capital Protection Oriented Fund NFO to close on July 13, 2007
Capital Protection Funds are the latest in-thing in the mutual fund industry now. Birla SunLife Mutual Fund has come up with Birla Sun Life Capital Protection Oriented Fund which is in NFO.
The Fund house has made an announcement recently that the investors will now have time til July 13, 2007 (instead of the earlier July 6, 2007) to make investments under NFO.
Lotus India Growth Fund from Lotus India AMC
Continuing its spree in launching new funds, Lotus India AMC has recently announced the launch of Lotus India Growth Fund. This fund will be an open-ended diversified equity scheme. The NFO is from July 9, 2007 to July 19, 2007. The fund will be open for continuous purchase from August 4, 2007.
The investment objective of the fund is to generate long-term growth of capital by investing in a diversified portfolio of predominantly equity and equity-related securities. The fund invest 65-100% in equity and equity related instruments and 0-35% in debt and money market instruments.
Add commentJuly 10th, 2007