Birla Sunlife Mutual Fund to come up with International Equity Fund
June 17th, 2007
After a series of Fixed Income Funds, it seems International Equity funds is the latest craze these days. Fidelity has recently launched an new International Fund while ABN AMRO has filed for draft offer document for its coming Chindia Fund. Following the suite closely is Birla Sunlife that has filed offered document for its upcoming International Equity Fund.
The new fund has put its primary objective as “to generate long –term growth of capital by investing predominantly in a diversified portfolio of equity and equity related securities in the domestic international markets.”
The minimum investment is Rs. 5000 on application and Rs. 1 from there on.
Entry Filed under: Mutual Funds, Birla Sun Life Mutual Fund, Draft Offer Document filings
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