Lotus India AMC, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide, today announced the opening of the Lotus India Equity Fund for on-going subscription at an NAV of Rs. 10.58.
Lotus India Equity Fund is an Open-Ended Equity Scheme with the investment objective of generating long-term capital growth from a focused portfolio of predominantly equity and equity-related securities. Lotus India Equity Fund is an open-ended equity fund, which aims to balance 'concentration' and 'diversification' risks and goes for diversification in a 'focused' manner.
The fund will invest 70-100% in equity and equity related instruments and 0-30% in debt and money market instruments. The fund offers two options i.e. Growth and Dividend. The Dividend option offers Dividend Payout and Dividend Re-investment facilities.
Lotus India Equity Fund will follow the following self-imposed guidelines while implementing its investment strategy:
Tuesday, October 9, 2007
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