ABN Amro MF set to launch new China-India Fund called ABN Amro China-India Fund. It is an open-ended equity scheme. The primary investment objective of the scheme is to provide long-term capital appreciation by primarily investing in equity and equity related securities of India and China. The fund may also invest a limited proportion in other international equity and equity related securities and also debt and money market instruments. The scheme will invest 65%-75% in Indian equities & equity related securities including investment in equity derivatives instruments up to 75% of the net assets. The investment in Chinese equities & equity related securities would be 25%-35%. Investment in domestic debt, money market instruments & other international equity & equity related securities will be 0%-10% including investment in debt derivatives/ securitised debt up to 10% of the net assets.
Source : www.indian-commodity.com
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