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Mumbai, Aug. 13 Lotus India AMC has launched an open-ended equity scheme - Lotus India Equity Fund. The investment objective of this scheme is to generate long-term capital growth from a focused portfolio of predominantly equity and equity-related securities.

The new fund offer will open on August 16 and close on September 7. The fund will re-open for ongoing purchases/redemptions no later than October 5. The fund will invest 70-100 per cent in equity and equity related instruments and 0-30 per cent in debt and money market instruments.

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