Lotus India Mutual Fund filed offer document with Sebi to launch Lotus India Treasury Plus Fund. It's an open-ended debt scheme. The investment objective is to provide returns consistent with the preservation of capital and moderate liquidity by actively managing a portfolio of securities, across the credit spectrum, having marginally higher modified duration as compared to a liquid plus fund. The scheme will be having regular, institutional plan and super institutional plans with growth, dividend and bonus option. The dividend option offers dividend re-investment facility. Under dividend reinvestment facility, there are daily, weekly and monthly reinvestment facilities.Tuesday, June 3, 2008
Lotus India MF Files Offer Document With Sebi - June 3, 2008
Lotus India Mutual Fund filed offer document with Sebi to launch Lotus India Treasury Plus Fund. It's an open-ended debt scheme. The investment objective is to provide returns consistent with the preservation of capital and moderate liquidity by actively managing a portfolio of securities, across the credit spectrum, having marginally higher modified duration as compared to a liquid plus fund. The scheme will be having regular, institutional plan and super institutional plans with growth, dividend and bonus option. The dividend option offers dividend re-investment facility. Under dividend reinvestment facility, there are daily, weekly and monthly reinvestment facilities.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment