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Our Bureau

Mumbai , Nov 15

Lotus India Asset Management Company, a joint venture between Fullerton Fund Management Group and Sabre Capital Worldwide, on Wednesday announced the launch of `Lotus India Tax Plan', an open-ended equity linked savings scheme.

The new fund offer, priced at Rs 10 per unit, will be open for purchase from November 20 to December 5. The fund will re-open for ongoing purchase/redemption from January 1.

The scheme aims at generating long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities, said a statement.

More Stories on : New Fund Offer | Mutual Funds

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