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.
Showing posts with label Lotus India Mutual Fund. Show all posts
Showing posts with label Lotus India Mutual Fund. Show all posts
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.
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