AIG India Equity Fund
April 26th, 2007
So, the announcement is finally made. AIG Global Investment Group Mutual Fund has announced its first mutual fund for the Indian investors. AIG India Equity Fund will be an open ended diversified equity fund with 80%-100% for equity investment and a maximum 20% for debt.
AIG India Equity Fund will be in NFO from May 3, 2007 and closes on May 31, 2007. Cost of unit during NFO will be Rs. 10
The fund will take BSE 100 as its benchmark. The usual Growth, Dividend Payout and Dividend Reinvestment options are available.
Tushar Pradhan will be the CIO - Equities while Ravi Mehrotra is the Managing Director.
Entry Filed under: Mutual Funds, AIG MF, NFO, Fund Houses & AMCs
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