Archive for October 1st, 2008
Scheme Name
Lotus India Quarterly Interval Fund Plan I
Objective of Scheme
To generate income by investing in a portfolio of debt and money market instruments normally maturing in line with the duration of the Scheme
Scheme Type
Open Ended
Scheme Category
Income
New Fund Launch Date
1-Oct-2008
New Fund Earliest Closure Date
3-Oct-2008
New Fund Offer Closure Date
3-Oct-2008
Indicate Load Separately
Entry Load: Nil Exit Load: If redeemed before the maturity date 1% If redeemed on maturity date Nil
Offer Price (Rs.)
10
Minimum Subscription Amount
Inst.Rs.50,000 & Retail Rs.5000 in multiples of Re.1
October 1st, 2008
Scheme Name
DSP Merrill Lynch World Gold Fund Institutional Plan
Objective of Scheme
The primary investment objective of the scheme is to seek capital appreciation by investing predominantly in units of Merrill Lynch International Investments Fund - World Gold Fund (MLIF-WGF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus.
Scheme Type
Open Ended
Scheme Category
Fund of Funds - Overseas
New Fund Launch Date
1-Oct-2008
New Fund Earliest Closure Date
1-Oct-2008
New Fund Offer Closure Date
1-Oct-2008
Indicate Load Separately
Entry Load - Nil Exit Load - Nil
Offer Price (Rs.)
Rs. 10/-
Minimum Subscription Amount
5 crores
October 1st, 2008
Wednesday, October 01, 2008 10:39:27 AM IST
Despite a gap up opening, the markets soon slipped into the red and trading flat. Nifty is at 3867.60 down 1.37% while Sensex is down 107.64 points and is at 12752.79 down 0.84%
CNX 100 is down 1.36% and CNX 500 is down 1.05%. CNX Midcap is down 0.62%. CNX IT is up 0.45% and Bank Nifty is down 2.08%
Early Nifty losers include L&T, Reliance Infra, Reliance Communications, Reliance, Bharti Airtel, Sterlite, SBI, IDEA, Unitech and DLF. Top Nifty gainers so far include Ranbaxy, Satyam, Suzlon, Infosys, Grasim, M&M, Tata Communications, Tata Steel, HCL Tech and ITC.
BSE Midcap index is marginally in the red and BSE Smallcap index is marginally in the green. IT, FMCG, Auto and Healthcare sectoral indices are in the green.
1 U.S. dollar = 46.9593 Indian Rupees
1 U.S. dollar = 106.2022 Japanese Yens
1 U.S. dollar = 0.7106 Euros
1 Ounce Gold = $880.10
1 Barrel Crude Oil = $101.89
October 1st, 2008