Goldman Sachs Mutual Fund has filed offer document with Securities and Exchange Board of to launch Goldman Sachs India Money Market Fund. It is an open-ended money market liquid scheme. The face value of the new issue will be Rs 10 per unit.The investment objective of the scheme is to seek to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of treasury bills, government securities and other money market instruments.
The scheme will offer three investment plans: regular, institutional and super institutional plan. Each plan offers two options growth and dividend options. Dividend option will further offer monthly dividend payout and reinvestment sub option. Dividend reinvestment option will have daily, weekly, and monthly frequency.
The scheme will offer three investment plans: regular, institutional and super institutional plan. Each plan offers two options growth and dividend options. Dividend option will further offer monthly dividend payout and reinvestment sub option. Dividend reinvestment option will have daily, weekly, and monthly frequency.
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